California Welfare and Institutions Code

§ 14005.38

WIC § 14005.38 Effective Jan 1, 2019Div. 9 · Part 3 · Ch. 7 · Art. 1

Statute text

(a)The principal and interest of a 529 savings plan shall be excluded from consideration for purposes of any asset or resources test to determine eligibility for Medi-Cal benefits with respect to an applicant or beneficiary whose eligibility is not determined using MAGI-based financial methods.

(b)The qualified distributions from a 529 savings account shall be excluded from consideration for purposes of any income test to determine eligibility for Medi-Cal benefits with respect to an applicant or beneficiary.

(c)The following definitions shall apply for purposes of this section:

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Legislative history

Added by Stats. 2018, Ch. 121, Sec. 2. (AB 1785) Effective January 1, 2019.