2016-03-23                     Senate Journal                      Page 2199
SB 104                                                                                                                        
The Labor and Commerce Committee considered SENATE BILL                                                                         
NO. 104 "An Act relating to financial accounts for persons with                                                                 
disabilities; relating to financial institutions; relating to property                                                          
exemptions; relating to securities; and providing for an effective date"                                                        
and recommended it be replaced with                                                                                             
                                                                                                                                
          CS FOR SENATE BILL NO. 104(L&C) "An Act                                                                               
          establishing a program for financial accounts for                                                                     
          individuals with disabilities; creating a property                                                                    
          exemption for money in or paid from a financial                                                                       
          account in the program for an individual with a                                                                       
          disability; exempting the procurement of contracts                                                                    
          for the program from the State Procurement Code;                                                                      
          exempting certain information on participants in the                                                                  
          program from being subject to inspection as a public                                                                  
          record; providing that an account under the program                                                                   
          for an individual with a disability is not a security;                                                                
          allowing a state to file a claim against an individual's                                                              
          financial account under the program to recover                                                                        
          Medicaid payments after the individual's death;                                                                       
          relating to the distribution by the Department of                                                                     
          Health and Social Services of the proceeds of a                                                                       
          permanent fund dividend trust for a child in need of                                                                  
          aid; and providing for an effective date."                                                                            
                                                                                                                                

2016-03-23                     Senate Journal                      Page 2200
Signing do pass: Senator Costello, Chair; Senators Giessel, Meyer.                                                              
Signing no recommendation: Senator Stevens.                                                                                     
                                                                                                                                
The following fiscal information was published today:                                                                           
     Fiscal Note No. 1, Department of Revenue                                                                                   
                                                                                                                                
The bill was referred to the Finance Committee.