House File 2250 - Introduced



                                       HOUSE FILE       
                                       BY  HEDDENS


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to the exclusion of qualified tuition plans in a
  2    determination of eligibility for the medical assistance
  3    program.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 6263YH 82
  6 pf/nh/8

PAG LIN



  1  1    Section 1.  Section 249A.3, Code Supplement 2007, is
  1  2 amended by adding the following new subsection:
  1  3    NEW SUBSECTION.  14.  In determining the eligibility of an
  1  4 individual for medical assistance, the department shall not
  1  5 consider any funds deposited by the individual or on behalf of
  1  6 the individual in a qualified tuition plan authorized under
  1  7 section 529 of the Internal Revenue Code.
  1  8                           EXPLANATION
  1  9    This bill excludes from consideration in determining an
  1 10 individual's eligibility for the medical assistance program,
  1 11 any funds deposited by the individual or on behalf of the
  1 12 individual in a qualified tuition plan (529 plan) authorized
  1 13 under section 529 of the Internal Revenue Code.
  1 14 LSB 6263YH 82
  1 15 pf/nh/8