Senate Bill S4637

2015-2016 Legislative Session

Provides for a uniform allowable resource exemption and disregard for an applicant or recipient with an automobile

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-S4637 (ACTIVE) - Details

See Assembly Version of this Bill:
A1060
Current Committee:
Senate Finance
Law Section:
Social Services Law
Laws Affected:
Amd §131-n, Soc Serv L
Versions Introduced in Other Legislative Sessions:
2009-2010: S6680, A1516
2011-2012: S410, A2956, A7236
2013-2014: S3136, A1981

2015-S4637 (ACTIVE) - Summary

Provides for a uniform allowable resource exemption and disregard for an applicant or recipient with an automobile.

2015-S4637 (ACTIVE) - Sponsor Memo

2015-S4637 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4637

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              April 1, 2015
                               ___________

Introduced  by  Sen. KRUEGER -- 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  certain  exempt
  assets for public assistance eligibility

  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  amended by chapter 373 of the laws of 2003, paragraph (c) as amended
by section 5 of part J of chapter 58 of the laws of 2014, is amended  to
read as follows:
  1.  The  following resources shall be exempt and disregarded in calcu-
lating the amount of benefits of any household under any public  assist-
ance program: (a) cash and liquid or nonliquid resources up to two thou-
sand  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 [four thousand six
hundred fifty dollars fair market value, provided, however, that if  the
automobile  is  needed  for the applicant or recipient to seek or retain
employment or travel to and from work activities as defined  in  section
three hundred thirty-six of this chapter, the automobile exemption shall
be  increased to] nine thousand three hundred dollars FAIR MARKET VALUE,

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05551-02-5
              

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