A 841: Authorizes the commissioner of health to adopt policies to exclude certain non-recurring items from income that would artificially inflate the availability of funds to meet current needs relating to eligibility for the program for elderly pharmaceutical insurance coverage.

  
  STATE OF NEW YORK ________________________________________________________________________ 841 2025-2026 Regular Sessions  IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. KIM, LUCAS, BENEDETTO, SIMONE, HEVESI, TAYLOR, EPSTEIN, DAVILA, LUPARDO, BICHOTTE HERMELYN, LEVENBERG, DILAN, DeSTE- FANO, REYES -- Multi-Sponsored by -- M. of A. CHANG, WOERNER -- read once and referred to the Committee on Aging AN ACT to amend the elder law, in relation to policies excluding certain non-recurring items from income for purposes of the program for elder- ly pharmaceutical insurance coverage The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 241 of the elder law is amended to 2 read as follows: 3 3. "Income" shall mean "household gross income" as defined in the real 4 property tax circuit breaker credit program, pursuant to subparagraph 5 [(C)] (c) of paragraph one of subsection (e) of section six hundred six 6 of the tax law, but only shall include the income of program applicants 7 and spouses and shall exclude the income of other members of the house- 8 hold; provided, however, that the commissioner of health may adopt poli- 9 cies to exclude from income certain non-recurring items that would act 10 to artificially inflate the availability of funds to meet current needs 11 including, but not limited to, a retiree's previous year's wages, and 12 non-recurring distributions from an individual retirement account. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01879-01-5