,i #aad? ,,congress #a/ ,session ,h4 ,r4 #agga ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #ad1 #bjae ,mr4 ,mull9 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to am5d title ,,xix ( ! ,social ,security ,act to c\nt portions ( income f annuities ( a community sp\se z income available to in/itutionaliz$ sp\ses = purposes ( eligibility = m$ical assi/ance1 & = o!r purposes4 #a4 ,c\nt+ portions ( income f annuities ( a community sp\se z income available to in/itutionaliz$ sp\ses = ,m$icaid eligibility 7a7 ,9 g5]al ,section #aibd7;b77#b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#e7;b77#b77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,annuity income 7i7 ,9 g5]al ,9 ! case ( paym5t ( income f a qualify+ annuity-- 7,i7 if paym5t ( income is made solely 9 ! "n ( ! community sp\se1 "o-half ( ! income %all be consid]$ available to ! in/itutionaliz$ sp\se & "o-half to ! community sp\se2 7,,ii7 if paym5t ( income is made 9 ! names ( ! in/itutionaliz$ sp\se & ! community sp\se1 "o-half ( ! income %all be consid]$ available to ! in/itutionaliz$ sp\se & "o-half to ! community sp\se2 & 7,,iii7 if paym5t ( income is made 9 ! names ( ! community sp\se & ano!r p]son or p]sons1 "o-half ( ! proportion ( ! community sp\se's int]e/ 9 su* income %all be consid]$ available to ! in/itutionaliz$ sp\se4 7ii7 ,qualify+ annuity ,9 ?is subp>agraph1 ! t]m qualify+ annuity means an annuity t-- 7,i7 is pur*as$ aft] ! date t is #fj mon?s be=e ! date specifi$ 9 subp>agraph 7,b77ii7 ( section #aiag7;c77#a7 = an am\nt t is equal to or great] ?an fair m>ket value2 & 7,,ii7 is n describ$ 9 clause 7i7 ( subp>agraph 7,g7 ( su* section4 7iii7 ,inapplicability ( o!r rules ,! rules ( subp>agraphs 7,a7 & 7,b7 %all n apply ) respect to income f a qualify+ annuity4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply ) respect to annuities pur*as$ or e/abli%$ on or aft] ! date ( ! enactm5t ( ?is ,act4