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SF 3484

Introduction - 94th Legislature (2025 - 2026)

Posted on 05/06/2025 09:14 a.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF3484 Authors and Status
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Engrossments
Introduction
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Posted on 05/02/2025
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A bill for an act
 relating to human services; expanding the definition of partnership policy for
purposes of the Minnesota partnership for long-term care program; amending
Minnesota Statutes 2024, section 256B.0571, subdivision 6.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 256B.0571, subdivision 6, is amended to read:


Subd. 6.

Partnership policy.

"Partnership policy" means a long-term care insurance
policy that meets the criteria in sections 62S.23, subdivision 1, paragraph (b), and 62S.312
and was issued on or after July 1, 2006, or exchanged on or after July 1, 2006, under the
provisions of section 62S.24, subdivision 8.new text begin Partnership policy includes a long-term care
insurance policy sold prior to July 1, 2015, with inflation protection between one and three
percent.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027, or upon federal approval,
whichever is later. The commissioner of human services shall notify the revisor of statutes
when federal approval is obtained.
 new text end