3.0.0 2743 2019-11-15T21:57:48Z 2019-11-15T21:57:48Z Senate S S 2008-03-11 110 ssfi00 Finance Committee Senate Standing Referred to 2008-03-11T22:33:02Z Financial Security Accounts for Individuals with Disabilities Act of 2007 110 2370 HR 2007-05-17 Referred to the House Committee on Ways and Means. Related bill CRS Disability Savings Act of 2008 110 2741 S 2008-03-11 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1879-1882) Related bill CRS 2008-03-11 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-03-11 Introduced in Senate IntroReferral 10000 9 Library of Congress C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA N H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2008-03-11 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2008-04-03 False S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA 2008-04-16 False B000953 Sen. Brownback, Sam [R-KS] SAM BROWNBACK R KS 2008-05-22 False B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2008-11-20 False Taxation Cemeteries and funerals Disabled Education Education savings accounts Employment of the disabled Finance and Financial Sector Health Higher education Household moving Income tax Labor and Employment Medicaid Medical savings accounts Saving and investment Self-help devices for the disabled Social Welfare Tax exclusion Tax exemption Transportation and Public Works Transportation and the disabled Welfare eligibility Taxation 00 2008-03-11 Introduced in Senate 2008-03-19T18:06:39Z Financial Security Accounts for Individuals with Disabilities Act of 2008- Amends the Internal Revenue Code to establish tax-exempt financial security accounts for individuals with disabilities to pay certain expenses of such individuals, including expenses for education, medical care, and employment training.

Allows individual taxpayers a tax deduction, up to $2,000 per year, for cash contributions to such an account.

Amends title XIX (Medicaid) of the Social Security Act to permit the disregard of financial security accounts for disabled individuals in determining eligibility for Medicaid benefits. Permits the disregard of amounts in such accounts for purposes of determining eligibility for certain means-tested federal programs.

]]> Financial Security Accounts for Individuals with Disabilities Act of 2008 Short Titles as Introduced Financial Security Accounts for Individuals with Disabilities Act of 2008 Display Title Financial Security Accounts for Individuals with Disabilities Act of 2008 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities, and for other purposes. Introduced in Senate 2008-03-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2743is/xml/BILLS-110s2743is.xml 2008-03-11 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.