Rep. Anna Moeller
Filed: 3/18/2022
 
 

 

 

 
10200SB2962ham002LRB102 19026 KTG 37764 a



1
AMENDMENT TO SENATE BILL 2962




2    AMENDMENT NO. ______. Amend Senate Bill 2962 on page 2, by 
3replacing lines 16 through 23  with the following:


4    "Subject to federal approval, the community spouse 
5resource allowance shall be established and maintained as 
6follows: a base amount of $109,560 plus an additional amount 
7of $2,784 added to the base amount each year for a period of 10 
8years commencing with calendar year 2024 through calendar year 
92034.  In addition to the base amount and the additional amount 
10shall be any increase each year from the prior year to the 
11maximum resource allowance permitted under Section 
121924(f)(2)(A)(ii)(II) of the Social Security Act.  Subject to 
13federal approval, beginning January 1, 2034 the community 
14spouse resource allowance shall be established and maintained 
15at the maximum amount permitted under Section 
161924(f)(2)(A)(ii)(II) of the Social Security Act, as now or 
17hereafter amended, or an amount set after a fair hearing, or 
18the amount transferred by the institutionalized spouse to the 
 
 
10200SB2962ham002- 2 -LRB102 19026 KTG 37764 a

1community spouse by court order, whichever is greater. Subject 
2to federal approval, the community spouse
resource allowance 
3shall be established and maintained at the higher of $109,560 
4or the minimum level
permitted pursuant to Section 1924(f)(2) 
5of the Social Security Act, as now
or hereafter amended, or an 
6amount set after a fair hearing, whichever is
greater.  The 
7monthly maintenance allowance".