Medicaid eligibility; determination of assets. (HB1090)

Introduced By

Del. John O'Bannon (R-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Medicaid eligibility; determination of assets.  Provides that for the purpose of determining eligibility for medical assistance, the sale or transfer of real property at a price that is less than the assessed value of the property shall be considered an uncompensated transfer of assets equal to the amount of the difference between the assessed value of the property and the amount received from the sale or transfer, except that any sale or transfer of real property at a price that is less than the assessed value of the property shall not be considered an uncompensated transfer of assets if the price at which the property is sold or transferred is equal to or greater than the value of the property as determined by a good-faith appraisal or is a fair market price for the property in an arm's length transaction. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2012Committee
01/11/2012Prefiled and ordered printed; offered 01/11/12 12101988D
01/11/2012Referred to Committee on Health, Welfare and Institutions
01/19/2012Impact statement from DPB (HB1090)
02/02/2012Reported from Health, Welfare and Institutions with substitute (22-Y 0-N) (see vote tally)
02/02/2012Committee substitute printed 12104863D-H1
02/02/2012Referred to Committee on Appropriations
02/03/2012Assigned App. sub: Health & Human Resources
02/03/2012Impact statement from DPB (HB1090H1)
02/06/2012Subcommittee recommends laying on the table
02/20/2012Left in Appropriations