Tuesday, January 28, 2014 – Off the Floor
HB 777, P.N. 889 (Grove) – Extends the current moratorium on increases in income due to the Social Security cost of living adjustments for certain individuals so they can continue to qualify for PACE and PACENET programs. It also excludes Medicare Part B premiums from the definition of “income” to extend eligibility to more seniors.
Summary of House Bill 777, P.N. 889
PRIME SPONSOR: Representative Grove
Creates a moratorium on increases in income due to a Social Security cost of living adjustment (COLA) for certain individuals enrolled in PACE and PACENET programs. Additionally, the definition of “income” is amended to exclude Medicare Part B premiums.
HB 777 provides that an individual enrolled in the PACE and PACENET programs as of December 31, 2012 shall remain eligible if their maximum income limit is exceeded due to a Social Security COLA. Eligibility shall expire December 31, 2015.
The bill also changes the definition of “income” to exclude Medicare Part B premiums.
Effective date: Immediately.
C. Current Law
The bill amends Sections 502 and 503 of Act 91 of 1971, known as the State Lottery Law.
The most recent Social Security COLA moratorium was enacted under Act 21 of 2011 (PACE and PACENET Eligibility). That moratorium applied to individuals who are eligible for PACE and PACENET as of 12/31/10, and will expire on 12/31/13.
**The measure was sent to the full Senate for consideration on January 28, 2014**