CHAMPAIGN- Illinois families worried about the financial security of loved ones living with disabilities will soon have another resource to promote their independence.
State Senator Scott Bennett (D-Champaign) and Treasurer Michael Frerichs joined area advocates to raise awareness of a new law that will create a tax-exempt plan to help individuals and families save money to cover expenses for people living with disabilities. Senate Bill 1383 creates the Illinois Achieving a Better Life Expectancy Act (ABLE Act), which creates accounts similar to tax-advantaged college saving plans where income earned in the account is not taxable.
Today the Senate passed Senate Bill 2046, which would give the governor authority to make payments to human service providers not already funded pursuant to court orders, distribute motor fuel tax proceeds to local governments and pay lottery winners.
For the past two days, Senator Daniel Biss (Chicago) led Senate hearings regarding delayed and missing state payments to social service groups who help the disabled and needy in Illinois live with dignity and get back on their feet.
Seniors struggling to stay in their homes and people with disabilities in need of vital care would still have access to services under a plan passed by the Senate today. Without today’s action, substantial and detrimental changes to state-provided care proposed by the governor would force tens of thousands of older adults and adults with disabilities out of their homes and into costly nursing home facilities.
“The governor is cutting much more than hypothetical dollars from the budget with his plan,” said State Senator Daniel Biss (D – Evanston). “He is cutting a lifeline for thousands of seniors and disabled Illinoisans who often rely on minimal and inexpensive services to ensure their basic health and safety.”
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