The bill amends Section 42-7.2-20.8 of the General Laws concerning the ABLE (Achieving a Better Life Experience) program, which provides financial support for individuals with disabilities. The new language specifies that, upon the death of a designated beneficiary, an agency or instrumentality of the state shall not seek reimbursement from any ABLE savings trust account or its proceeds for benefits provided to the designated beneficiary, except as required by federal law. Additionally, the bill removes the provision that allowed the state of residency of the designated beneficiary to be considered a creditor of the ABLE account upon the death of the designated beneficiary. This act will take effect upon passage.

Statutes affected:
5973: 42-7.2-20.8