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2001 SESSION
HB 1979 Medicaid eligibility; uncompensated transfers of property.
Introduced by: Robert D. (Bobby) Orrock, Sr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Medicaid eligibility; uncompensated transfers of property. Provides that for purposes of satisfying requirements related to the fair market value of real property when determining Medicaid eligibility, the assessed value of property that has been under land use assessment for at least 10 years prior to a conveyance, and, pursuant to restrictions placed upon the deed, remains under land use assessment for at least five years after such conveyance, shall be deemed to be the fair market value. If a person seeking Medicaid maintains long-term care insurance with a minimum of at least three years coverage after the conveyance of the property, the bill allows a five-year restriction to satisfy the requirement.
FULL TEXT
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 011404876 pdf | impact statement
- 02/04/01 House: Committee substitute printed 014700876-H1 pdf
- 02/05/01 House: Printed as engrossed 014700876-EH1 pdf | impact statements
AMENDMENTS
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 011404876
- 01/10/01 House: Referred to Committee on Health, Welfare and Institutions
- 01/17/01 House: Assigned to H. W. I. sub-committee: 2
- 02/03/01 House: Reported from H. W. I. w/substitute (20-Y 1-N)
- 02/03/01 House: Read first time
- 02/04/01 House: Committee substitute printed 014700876-H1
- 02/04/01 House: Passed by for the day
- 02/05/01 House: Read second time
- 02/05/01 House: Committee substitute agreed to 014700876-H1
- 02/05/01 House: Amendments by Del. Orrock agreed to
- 02/05/01 House: Engrossed by House - com. sub. w/amds 014700876-EH1
- 02/05/01 House: Printed as engrossed 014700876-EH1
- 02/06/01 House: VOTE: PASSAGE (95-Y 3-N)
- 02/06/01 House: Read third time and passed House (95-Y 3-N)
- 02/06/01 House: Communicated to Senate
- 02/09/01 Senate: Constitutional reading dispensed
- 02/09/01 Senate: Referred to Committee on Education and Health
- 02/15/01 Senate: Reported from Education and Health (15-Y 0-N)
- 02/15/01 Senate: Rereferred to Finance
- 02/21/01 Senate: Left in Finance