HASSELL-THOMPSON, JOHNSON C, MAZIARZ, ONORATO, THOMPSON
MLTSPNSR
Amd S241, Eld L
Authorizes the panel to adopt policies to exclude certain non-recurring items from income that would artificially inflate the availability of funds to meet current needs relating to eligibility for the program for elderly pharmaceutical insurance coverage.
STATE OF NEW YORK
________________________________________________________________________
5457
2009-2010 Regular Sessions
IN SENATE
May 7, 2009
___________
Introduced by Sen. DIAZ -- read twice and ordered printed, and when
printed to be committed to the Committee on Aging
AN ACT to amend the elder law, in relation to policies excluding certain
non-recurring items from income for purposes of the program for elder-
ly pharmaceutical insurance coverage
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 3 of section 241 of the elder law is amended to
2 read as follows:
3 3. "Income" shall mean "household gross income" as defined in the real
4 property tax circuit breaker credit program, pursuant to subparagraph
5 (C) of paragraph one of subsection (e) of section six hundred six of the
6 tax law, but only shall include the income of program applicants and
7 spouses and shall exclude the income of other members of the household;
8 provided, however, that the panel may adopt policies to exclude from
9 income certain non-recurring items that would act to artificially
10 inflate the availability of funds to meet current needs including, but
11 not limited to, a retiree's previous year's wages, and non-recurring
12 distributions from an individual retirement account.
13 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11612-01-9
