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S 2150 112th Congress Senate Social Welfare Cemeteries and funerals Poverty and welfare assistance

A bill to amend title XVI of the Social Security Act to clarify that the value of certain funeral and burial arrangements are not to be considered available resources under the supplemental security income program.

Introduced: March 1, 2012 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2012
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1201)
Mar 1, 2012
Sponsor introductory remarks on measure. (CR S1200-1201)
Mar 1, 2012
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends title XVI (Supplemental Security Income) (SSI) of the Social Security Act to provide that the value of certain prepaid funeral and burial arrangements involving an irrevocable trust whose named beneficiary is the funeral provider are not to be considered, under the SSI program, as resources available to the individual.

Includes among such arrangements a life insurance policy irrevocably assigning benefits covering funeral goods and services to: (1) a funeral provider, or (2) an irrevocable trust fully funding such goods and services and naming the funeral provider as the trust beneficiary.

What's happening now March 1, 2012

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1201)

 Committees of jurisdiction 1