United States · Bill · S
S. 2462 (105th)
Lisa De Land Financial Protection Act
Introduced
11 September 1998
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
21 August 2025
Summary
Lisa De Land Financial Protection Act - Amends title XIX (Medicaid) of the Social Security Act to give States the option to exempt certain disabled, mentally ill, or physically handicapped beneficiaries of trusts established under State law for the purpose of providing or supplementing the cost of the beneficiary's care and treatment, including the cost of medical assistance provided under the State Medicaid plan. Allows such an exemption, however, only if State law: (1) limits to 90 percent the value of the trust which may be conveyed to heirs after the beneficiary's death; and (2) requires donation of the remainder to a State-approved charitable trust.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 11 September 1998
Introduced in Senate (PDF)
Introduced in Senate · EN · 11 September 1998
Introduced in Senate
summary · EN · 11 September 1998
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/105th-congress/senate-bill/2462
- Open data entity: https://api.congress.gov/v3/bill/105/s/2462