2016
Regular Session
Mississippi Achieving a Better Life Experience (ABLE) Act; create to provide flexible spending accounts for individuals with disabilities.
AN ACT TO CREATE THE MISSISSIPPI ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) ACT; TO DEFINE CERTAIN TERMS AND PHRASES RELATING TO THE MISSISSIPPI ABLE PROGRAM; TO ESTABLISH AND PRESCRIBE THE POWERS OF THE MISSISSIPPI ABLE BOARD OF DIRECTORS RELATING TO THE ADMINISTRATION OF THE MISSISSIPPI ABLE PROGRAM; TO PRESCRIBE CERTAIN TERMS OF ABLE TRUST AGREEMENTS ENTERED INTO UNDER THE PROGRAM; TO ESTABLISH THE ABLE TRUST FUND; TO EXEMPT PROPERTY IN THE TRUST FUND FROM TAXATION AND TO ESTABLISH DEDUCTIONS FOR PAYMENTS TO ABLE ACCOUNTS; TO PRESCRIBE THE AUTHORITY OF THE BOARD OF DIRECTORS TO INVEST FUNDS IN THE TRUST FUND; TO REQUIRE THE BOARD TO PROVIDE ANNUAL ACCOUNTING STATEMENTS; TO REQUIRE THE BOARD TO ESTABLISH AND ADMINISTER THE MISSISSIPPI ABLE PROGRAM BY JULY 1, 2017; TO SPECIFY THE REQUIREMENTS THAT MUST BE MET BEFORE IMPLEMENTATION OF THE PROGRAM; TO REQUIRE A PARTICIPATION AGREEMENT FOR THE PROGRAM WHICH CONTAINS SPECIFIED PROVISIONS AUTHORIZING OTHER PROVISIONS THAT MAY BE INCLUDED IN THE AGREEMENT; TO PROVIDE FOR THE AMENDMENT OF THE AGREEMENT UNDER CERTAIN CIRCUMSTANCES; TO PROVIDE FOR THE USE OF THE BALANCE OF AN ABANDONED ABLE ACCOUNT BY THE BOARD; TO PROVIDE THAT A CONTRACT OR PARTICIPATION AGREEMENT ENTERED INTO BY THE BOARD OR AN OBLIGATION OF THE BOARD DOES NOT CONSTITUTE A DEBT OR OBLIGATION OF THE STATE OF MISSISSIPPI; TO AUTHORIZE THE BOARD TO CONTRACT WITH OTHER STATES FOR SPECIFIED PURPOSES UNDER CERTAIN CIRCUMSTANCES; TO PROVIDE FOR THE TERMINATION OF THE PROGRAM UNDER CERTAIN CIRCUMSTANCES AND FOR THE DISPOSITION OF CERTAIN ASSETS UPON TERMINATION; TO PROHIBIT THE STATE FROM LIMITING OR ALTERING THE SPECIFIED VESTED RIGHTS OF DESIGNATED BENEFICIARIES EXCEPT UNDER SPECIFIED CIRCUMSTANCES; TO REQUIRE THE BOARD TO ESTABLISH A COMPREHENSIVE INVESTMENT PLAN FOR THE PROGRAM; TO EXEMPT FUNDS PAID INTO THE PROGRAM'S TRUST FUND FROM THE CLAIMS OF SPECIFIED CREDITORS; TO PROVIDE FOR RECOVERY BY THE DIVISION OF MEDICAID OF CERTAIN MEDICAL ASSISTANCE PROVIDED TO A DECEASED DESIGNATED BENEFICIARY; TO PROVIDE FOR THE DISTRIBUTION OF THE BALANCE OF A DECEASED DESIGNATED BENEFICIARY'S ABLE ACCOUNT; TO REQUIRE THE BOARD TO ASSIST AND COOPERATE WITH THE APPROPRIATE AGENCY FOR HEALTH CARE ADMINISTRATION AND DIVISION OF MEDICAID PROGRAM IN OTHER STATES BY PROVIDING SPECIFIED INFORMATION; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE PAYMENTS TO AN ABLE ACCOUNT FROM THE DEFINITION OF GROSS INCOME FOR INCOME TAX PURPOSES; TO AMEND SECTIONS 27-7-17 AND 27-7-18, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
03/14/16 at 14:51
H
B
1019
House Bill 1019
HB 1019
H
Dead
General Bill/Constitutional Amendment
No
Three/Fifths
Passage
Public Health and Human Services
T
../../House_cmtes/PH.xml
Revenue and Expenditure General Bills
F
../../House_cmtes/GB.xml
Crawford
../../House_authors/Crawford.xml
Wilson
../../House_authors/Wilson.xml
A
../../code_sections/027/00070015.xml
A
../../code_sections/027/00070017.xml
A
../../code_sections/027/00070018.xml
1
02/08 (H) Referred To Public Health and Human Services;Revenue and Expenditure General Bills
2
02/23 (H) Died In Committee
../../../../documents/2016/pdf/HB/1000-1099/HB1019IN.pdf
../../../../documents/2016/dt/HB/1000-1099/HB1019IN.pdf
../../../../documents/2016/html/HB/1000-1099/HB1019IN.htm
../../../../documents/2016/pdf/HB/1000-1099/HB1019IN.pdf
../../../../documents/2016/dt/HB/1000-1099/HB1019IN.pdf
../../../../documents/2016/html/HB/1000-1099/HB1019IN.htm
N
../../../../documents/2016/pdf/fiscalnotes/HB1019.pdf