(a) Notwithstanding any other law, moneys in, contributions to, and any distribution for qualified disability expenses from, an ABLE account, not to exceed one hundred thousand dollars ($100,000), shall not count toward determining eligibility for a state or local means-tested program.
(b) Notwithstanding subdivision (a), Section 103 of Division B of Public Law 113-295 and Sections 17140.4 and 23711.4 of the Revenue and Taxation Code shall apply.
(c) This section shall become inoperative on September 1, 2018, and, as of January 1, 2019, is repealed.
(Amended by Stats. 2017, Ch. 529, Sec. 1.5. (AB 688) Effective January 1, 2018. Inoperative September 1, 2018. Repealed as of January 1, 2019, by its own provisions. See later operative version added by Sec. 2.5 of Stats. 2017, Ch. 529.)
Last modified: October 25, 2018