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--- version:Edition 1
+++ version:Filed
@@ -1,17 +1,17 @@
 GENERAL ASSEMBLY OF NORTH CAROLINA
 SESSION 2025
-S 1
-SENATE BILL 344
+S D
+SENATE BILL DRS15138-NL-12A
 
 Short Title: Pooled Trust Transfers/Public Benefits Elig. (Public)
 Sponsors: Senators Galey, Ford, and Alexander (Primary Sponsors).
-Referred to: Rules and Operations of the Senate
-March 20, 2025
-*S344-v-1*
+Referred to:
+
+*DRS15138-NL-12A*
 A BILL TO BE ENTITLED 1
-AN ACT TO ENSURE THE  TRANSFER OF ASSETS FOR FAIR MARKET VALU E TO 2
-POOLED SPECIAL NEEDS  TRUSTS BY SENIORS A GE SIXTY -FIVE AND OL DER 3
-DOES NOT ADVERSELY I MPACT ELIGIBILITY FO R MEDICAID OR 4
+AN ACT TO ENSURE THE TRANSFER OF ASSETS FOR FAIR MARKET VALUE TO 2
+POOLED SPECIAL NEEDS TRUSTS BY SENIORS AGE SIXTY-FIVE AND OLDER 3
+DOES NOT ADVERSELY IMPACT ELIGIBILITY FOR MEDICAID OR 4
 STATE-COUNTY SPECIAL ASSISTANCE. 5
 The General Assembly of North Carolina enacts: 6
 SECTION 1.(a)  To the extent allowable under federal law, the Department of Health 7
@@ -19,7 +19,7 @@
 determining eligibility for Medicaid, as necessary, to ensure that a transfer of funds by an 9
 individual 65 years of age or older into a trust that conforms with 42 U.S.C. § 1369p(d)(4)(C) is 10
 treated as a transfer for fair market value under 42 U.S.C. § 1369p(c)(2)(C)(i) to the extent that 11
-the individual making the transfer demonstrates that the funds t ransferred into the trust are 12
+the individual making the transfer demonstrates that the funds transferred into the trust are 12
 intended to be used by the trustee of the trust, within the life expectancy of the individual, to 13
 provide to the individual goods and services valued at the fair market value of the funds 14
 transferred into the trust. 15
@@ -33,3 +33,7 @@
 the individual goods and services valued at the fair market value of the funds transferred into the 23
 trust. 24
 SECTION 2.  This act is effective when it becomes law. 25
+FILED SENATE
+Mar 19, 2025
+S.B. 344
+PRINCIPAL CLERK