SRC-AXB S.B. 1623 76(R) BILL ANALYSIS Senate Research Center S.B. 1623 By: Fraser Jurisprudence 4/22/1999 As Filed DIGEST Currently, state law limits financial assets accessible by individuals who receive state support from a state school. Trust funds which benefit recipients of state school services are currently limited to $50,000. S.B. 1623 would increase to $250,000 the value of a trust fund allowed to benefit recipients of state school services. PURPOSE As proposed, S.B. 1623 increases the trust amount which is not liable for a resident's support by $200,000. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 593.081(a), Health and Safety Code, to provide that if a residents trust is $250,000 or less, rather than $50,000 or less, the funds are not considered to be the resident's property, and is not liable for the resident's support, maintenance, and treatment. SECTION 2. Emergency clause. Effective date: upon passage.