SENATE BILL 1623 |
SENATE AUTHOR: Fraser |
EFFECTIVE: 06-18-99 |
HOUSE SPONSOR: Hunter |
Senate Bill 1623 amends the Persons with Mental Retardation Act to raise the exemption relating to income from a trust that is to be used for the support, maintenance, and treatment of a resident at a state facility for the mentally retarded. The aggregate principal of the trust fund must be greater than $250,000, rather than $50,000, in order for its income to be considered for such purposes.