S. 349 — Introduced in Senate

II 114th CONGRESS 1st Session S. 349 IN THE SENATE OF THE UNITED STATES February 3, 2015Mr. Grassley (for himself and Mr. Nelson) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XIX of the Social Security Act to empower individuals with disabilities to establish their own supplemental needs trusts. 1. Short title This Act may be cited as the Special Needs Trust Fairness Act of 2015. 2. Fairness in Medicaid supplemental needs trusts (a) In general Section 1917(d)(4)(A) of the Social Security Act (42 U.S.C. 1396p(d)(4)(A)) is amended by inserting the individual, after for the benefit of such individual by. (b) Effective date The amendment made by subsection (a) shall apply to trusts established on or after the date of the enactment of this Act.