Bill No. 1837 amends Section 4001.5 of Title 56 of the Oklahoma Statutes, which pertains to the Achieving a Better Life Experience (ABLE) Program account. The bill introduces new legal language that exempts funds from an ABLE account from Medicaid recovery liens and claims in the event of the beneficiary's death. This means that upon the death of an account holder, the funds in their ABLE account will not be subject to recovery by the Oklahoma Health Care Authority, providing additional financial protection for beneficiaries and their families.

Additionally, the bill clarifies that money and assets in both Oklahoma-established and out-of-state ABLE accounts will not be considered when determining eligibility for assistance or benefits from the Temporary Assistance for Needy Families program or other means-tested public assistance programs. This amendment aims to ensure that individuals with disabilities can save and manage their funds without jeopardizing their access to essential support services. The act is set to take effect on November 1, 2025.