senate Bill S742

2021-2022 Legislative Session

Eliminates asset limits in calculating the amount of benefits for any household under any public assistance program

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Social Services Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to social services
Jan 06, 2021 referred to social services

Co-Sponsors

S742 (ACTIVE) - Details

See Assembly Version of this Bill:
A2214
Current Committee:
Senate Social Services
Law Section:
Social Services Law
Laws Affected:
Amd §131-n, Soc Serv L
Versions Introduced in Other Legislative Sessions:
2017-2018: A10417
2019-2020: S4391, A1288

S742 (ACTIVE) - Summary

Relates to eliminating asset limits in calculating the amount of benefits for any household under any public assistance program.

S742 (ACTIVE) - Sponsor Memo

S742 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    742
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sens.  BIAGGI, PARKER -- read twice and ordered printed,
   and when printed to be committed to the Committee on Social Services
 
 AN ACT to amend the social services  law,  in  relation  to  eliminating
   asset  limits  in calculating the amount of benefits for any household
   under any public assistance program
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subdivision 1 of section 131-n of the social services law,
 as separately amended by chapters 323 and 329 of the laws  of  2019,  is
 amended to read as follows:
   1. [The following resources] ALL ASSETS HELD BY THE HOUSEHOLD shall be
 exempt  and  disregarded  in  calculating  the amount of benefits of any
 household under any public assistance program[: (a) cash and  liquid  or
 nonliquid  resources  up  to  two  thousand  dollars,  or three thousand
 dollars in the case of households in which any member is sixty years  of
 age  or  older,  (b)  an  amount  up  to four thousand six hundred fifty
 dollars in a separate bank account established by  an  individual  while
 currently  in receipt of assistance for the sole purpose of enabling the
 individual to purchase a first or replacement vehicle for the  recipient
 to  seek,  obtain  or  maintain employment, so long as the funds are not
 used for any other purpose, (c)  an  amount  up  to  one  thousand  four
 hundred  dollars in a separate bank account established by an individual
 while currently in receipt of  assistance  for  the  purpose  of  paying
 tuition at a two-year or four-year accredited post-secondary educational
 institution,  so  long  as the funds are not used for any other purpose,
 (d) the home which is the usual residence  of  the  household,  (e)  one
 automobile,  up to ten thousand dollars fair market value, through March
 thirty-first, two thousand seventeen; one automobile, up to eleven thou-
 sand dollars fair market value, from April first, two thousand seventeen
 through March thirty-first, two thousand eighteen; and  one  automobile,

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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