PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Finance.
Congressional Research Service
Version 00 · Introduced in Senate · Sep 11, 1998
Lisa De Land Financial Protection Act - Amends title XIX (Medicaid) of the Social Security Act to give States the option to exempt certain disabled, mentally ill, or physically handicapped beneficiaries of trusts established under State law for the purpose of providing or supplementing the cost of the beneficiary's care and treatment, including the cost of medical assistance provided under the State Medicaid plan. Allows such an exemption, however, only if State law: (1) limits to 90 percent the value of the trust which may be conveyed to heirs after the beneficiary's death; and (2) requires donation of the remainder to a State-approved charitable trust.
People & committees
Sen. Baucus, Max [D-MT] · D–MT
Legislative record
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Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure. (CR S10241)
Introduced in Senate
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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