Posted: | January 15, 2021 08:34 AM |
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From: | Senator Judith L. Schwank |
To: | All Senate members |
Subject: | Exempting CARES Act payments from certain income definitions |
In the near future I plan on re-introducing SB 1100 from last session that would exempt money received by individuals from the CARES Act from certain definitions of “income.” As we all know, last year Americans who pay taxes recieved a one-time direct deposit of up to $1,200, and married couples will receive $2,400, plus an additional $500 per child and a subsequent payment of $600. The new Biden Administration has proposed additional payments. I applaud the action by Congress last week to give individuals making under $99,000 a onetime cash payment. However, with this payment individuals, particular seniors, who rely on a variety of state programs that include a verification of income could lose these benefits when their income is re-certified. My legislation would exempt any payment received by an individual under the CARES Act from the definition of “income” in the programs such as: property tax/rent rebate, PACE/PACENET, childcare subsidies, medical assistance and CHIP. These payments should not be the tipping scale between receiving a benefit or losing a benefit and as such I hope you will join me in excluding these payments from the definition of “income.” Please join me in sponsoring this legislation. |
Introduced as SB164