Minnesota 2023-2024 Regular Session

Minnesota House Bill HF4397

Introduced
2/28/24  

Caption

Use of asset verification system authorization clarified; state tax credits, rebates, and refunds excluded from income; electronic notice to commissioner for probate matters permitted; health care administration statutory corrections made; and reports repealed.

Impact

This bill has significant implications for eligibility determinations under various assistance programs. By clarifying that tax credits and similar financial assistance are not to be counted as income or assets, HF4397 sets a new standard for how financial aid programs assess applicants. This change is particularly relevant for those on the lower income ladder, as it aims to enhance access to essential services while safeguarding their financial stability post-receipt of these credits.

Summary

House File 4397 aims to clarify the use of the asset verification system in Minnesota's human services sector, focusing specifically on how state tax credits, rebates, and refunds should be treated in determining an individual's income. The bill establishes that these financial benefits will be excluded from income calculations for a period of 12 months post-receipt, ensuring that individuals receiving these benefits are not penalized in their qualification for assistance programs such as Medicaid and other public aid.

Contention

Noteworthy points of contention include concerns about the potential for abuse of the asset verification system, as some stakeholders worry that excluding such financial assistance from income calculations could inadvertently lead to higher uptake of benefits than intended. There are discussions regarding the implications of engaging financial institutions for asset verification, raising questions about privacy and the fairness of monitoring individuals undergoing financial assessments.

Companion Bills

MN SF4474

Similar To Asset verification system authorization clarification; tax credits, rebates and refunds exclusion from income establishment; electronic notice to human services commissioner for probate matters authorization; health care administration statutory corrections implementation

Previously Filed As

MN HF4785

Health care; technical corrections made.

MN SF3505

Receipt of National Institutes of Health funding income tax refundable credit authorization

MN SF186

Refundable income tax credit for certain teachers authorization

MN SF2594

Student loan income tax credit increase and making the credit refundable authorization

MN HF4207

Housing provisions modified, income provisions modified, eligible uses for housing aid funds clarified, and technical changes made.

MN SF1114

Refundable income tax credit for certain home care providers establishment

MN SF441

Temporary income tax credit for the purchase and installation of solar energy systems authorization

MN SF4293

Commissioner of corrections substance abuse care clarification

MN HF4550

Aging and disability services, behavioral health, health care, housing and economic supports, and Office of Inspector General provisions modified; language recodified; technical corrections made; and report required.

MN HF2758

Assertive community treatment and intensive residential treatment services statutory language recodified, and conforming changes made.

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TX HB1080

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US HB31

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