Rhode Island Bill Exempts Individual Retirement Accounts From Public Assistance Resource Limits and Protects ABLE Accounts From State Claims

Original title: AN ACT RELATING TO HUMAN SERVICES -- PUBLIC ASSISTANCE ACT (Exempts individual retirement accounts as a countable resource for public assistance. This act also prohibits the state as a creditor against an ABLE account in the event of death of a beneficiary.)

Last action · May 26, 2026: Committee recommended measure be held for further studySponsors: Matt LaMountain and 7 others

Companion · H 7687same policy, House version

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

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What This Bill Proposed

Rhode Island exempts individual retirement accounts (IRAs) as s when determining eligibility for public assistance and bars the state from claiming funds upon a beneficiary's death.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Public assistance applicants and recipients

Directly affected

ABLE account beneficiaries and their estates

The state is barred from acting as a creditor against ABLE accounts upon the death of a beneficiary.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Does this bill count individual retirement accounts against public assistance eligibility?

No, the bill explicitly exempts individual retirement accounts as a for public assistance.

Can the state claim money from an ABLE account when a beneficiary dies?

No, the act prohibits the state from acting as a creditor against an upon the death of a beneficiary.

What else do you want to know?

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Where This Stands

This bill did not become law - Died at adjournment · in Senate committee.

Procedural history

3 actions

May 26, 2026
Committee recommended measure be held for further study
May 22, 2026
Scheduled for hearing and/or consideration (05/26/2026)
Jan 16, 2026Introduced
Introduced, referred to Senate Finance

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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