|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to health|
|Jan 09, 2013||referred to health|
senate Bill S1359
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1359 - Details
S1359 - Summary
Provides that depreciation of assets of all self-employed individuals shall not be considered income for purposes of determining eligibility for the family health plus program.
S1359 - Sponsor Memo
BILL NUMBER:S1359 TITLE OF BILL: An act to amend the social services law, in relation to the determination of eligibility for the family health plus program for self-employed individuals PURPOSE: Provides that depreciation of assets of all self-employed individuals shall not be considered income for purposes of determining eligibility for family health plus. SUMMARY OF PROVISIONS: The Social Services Law is amended as follows: Section I. Subdivision 2 of section 369-ee of the social services law is amended by adding a new paragraph (e) to extract depreciated business assets from gross family income for the purposes of Family Health Plus program. This amendment will only apply if all necessary approvals under federal law have been met. JUSTIFICATION: New York has made great advances in providing residents with quality health care at an affordable price. Successful programs like Child health Plus and Family Health Plus have helped many families afford health insurance and better access to needed health care. However,
S1359 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1359 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. LITTLE, LARKIN, MONTGOMERY -- read twice and ordered printed, and when printed to be committed to the Committee on Health AN ACT to amend the social services law, in relation to the determi- nation of eligibility for the family health plus program for self-em- ployed individuals THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (d) of subdivision 2 of section 369-ee of the social services law, as added by chapter 101 of the laws of 2007, is amended to read as follows: [(d)] (E) For purposes of determining income eligibility pursuant to this subdivision, depreciation of assets owned by [a] self-employed [individual operating a farm operation as defined in section three hundred one of the agriculture and markets law] INDIVIDUALS, as included on the Internal Revenue Service Form 1040 of the applicable year, shall not be included as part of the gross family income. If all necessary approvals relating to this paragraph under federal law and regulation have not been obtained to receive federal financial participation, then this paragraph shall not apply; however, that shall not affect the status of any other provision of this title. S 2. This act shall take effect immediately and shall apply to all determinations made on or after such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01197-01-3
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