This bill amends the existing law regarding medical income assistance trust fees in Iowa. Specifically, it increases the allowable monthly amount that can be paid or set aside for necessary expenses of the trust from $10 to $50 without requiring court approval. This change applies to both subsections of Section 633C.3, ensuring that beneficiaries have greater flexibility in managing their trust expenses.
The intent of the bill is to provide beneficiaries with increased financial support for necessary expenses, thereby enhancing their ability to manage their medical income assistance trusts effectively. By raising the limit on monthly expenses that can be handled without court oversight, the bill aims to streamline the process and reduce the administrative burden on both beneficiaries and the court system.
Statutes affected: Introduced: 633C.3