Last Action | to Health & Welfare (S) |
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Title | AN ACT creating the Kentucky Family Trust Program. |
Bill Documents |
Bill
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Impact Statements | Fiscal Note |
Bill Request Number | 24 |
Sponsors | C. Rollins II, S. Brinkman, L. Clark, D. Graham, J. Greer, J. Jenkins, J. Richards, J. Tilley, R. Weston |
Summary of Original Version | Create various new sections of KRS Chapter 194A to establish a Kentucky Family Trust Program allowing a board to establish and operate a trust program to manage funds placed in the trust for the benefit of person's with special health care needs, where the funds provided by the trust to the beneficiary act as a supplement to state provided assistance for certain designated expenses. |
Index Headings of Original Version |
Disabilities and the Disabled - Special needs trust, mental retardation Fiduciaries - Special needs trust, mental retardation Mental Disability - Special needs trust, mental retardation Mental Health - Special needs trust, mental retardation Wills and Estates - Special needs trust, mental retardation State Agencies - Families and Children, special needs trust Fiscal Note - Special needs trust, mental retardation |
Proposed Amendments |
House Floor Amendment 1 House Floor Amendment 2 House Floor Amendment 3 |
Votes | Vote History |
05/01/07 |
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07/20/07 |
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12/18/07 |
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01/08/08 |
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01/09/08 |
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01/25/08 |
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01/29/08 |
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01/30/08 |
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01/31/08 |
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02/04/08 |
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02/05/08 |
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02/07/08 |
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Amendment | House Floor Amendment 1 |
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Sponsor | J. Vincent |
Summary | Amend provision relating to a trustee immunity to allow a suit based upon the gross negligence of the trustee. |
Index Headings |
Disabilities and the Disabled - Special needs trust, mental retardation Fiduciaries - Special needs trust, mental retardation Mental Disability - Special needs trust, mental retardation Mental Health - Special needs trust, mental retardation Wills and Estates - Special needs trust, mental retardation State Agencies - Families and Children, special needs trust Fiscal Note - Special needs trust, mental retardation |
Amendment | House Floor Amendment 2 |
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Sponsor | J. Vincent |
Summary | Amend to limit recoupment provisions relating to a trust established by virtue of a personal injury action to specify that recoupment is not required as to amounts previously paid or compromised or where not required by federal law. |
Index Headings |
Disabilities and the Disabled - Special needs trust, mental retardation Fiduciaries - Special needs trust, mental retardation Mental Disability - Special needs trust, mental retardation Mental Health - Special needs trust, mental retardation Wills and Estates - Special needs trust, mental retardation State Agencies - Families and Children, special needs trust Fiscal Note - Special needs trust, mental retardation |
Amendment | House Floor Amendment 3 |
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Sponsor | C. Rollins II |
Summary | Insert provision to allow the Board, if necessary to meet federal requirements relating to special needs trusts and supplemental needs trusts, to make adjustments to the program's requirements relating to the establishment, funding, withdrawal, and distribution of trust accounts. |
Index Headings |
Disabilities and the Disabled - Special needs trust, mental retardation Fiduciaries - Special needs trust, mental retardation Mental Disability - Special needs trust, mental retardation Mental Health - Special needs trust, mental retardation Wills and Estates - Special needs trust, mental retardation State Agencies - Families and Children, special needs trust Fiscal Note - Special needs trust, mental retardation |
Last updated: 8/28/2019 8:09 AM (EDT)