§ 30-9-8. Able Program Trust Fund Created; Administration of Funds
The board shall be authorized to create the Georgia ABLE Program Trust Fund. The trust fund shall be administered by the state treasurer. The state treasurer shall credit to the trust fund all amounts transferred to such fund. The trust fund shall consist of money remitted in accordance with participation agreements and shall receive and […]
§ 30-9-9. Taxation by State Pursuant to Code Section 48-7-27; Exempt From Taxation by Political Subdivisions
The trust fund and ABLE account property and income shall be subject to taxation by the state only as provided by paragraph (10.1) of subsection (b) of Code Section 48-7-27 and shall not be subject to taxation by any of the state’s political subdivisions. History. Code 1981, § 30-9-9 , enacted by Ga. L. 2016, […]
§ 30-9-10. Comprehensive Investment Plan
The board shall have authority to establish a comprehensive investment plan for the purposes of this chapter and to invest any funds of the trust fund through the state treasurer. The state treasurer shall invest the trust fund moneys pursuant to an investment policy adopted by the board. Notwithstanding any state law to the contrary, […]
§ 30-9-11. Amounts in Able Account Not Considered in Determining Eligibility for Certain Public Assistance
Notwithstanding any other provision of state or local law or regulation that requires consideration of the financial circumstances of an applicant for local, state, or federal public assistance or a benefit provided under that law, the agency or entity making the determination of eligibility for such assistance or benefit may not consider the amount in […]
§ 30-9-12. Annual Reports
If the board creates the Georgia ABLE Program Trust Fund pursuant to Code Section 30-9-8, the board shall prepare or cause to be prepared an annual report setting forth in appropriate detail an accounting of the Georgia Able Trust Fund at the close of each fiscal year. Such report shall be submitted to the Governor, […]
§ 30-9-13. Provision of Public Information and Outreach
The Department of Community Health, the Department of Behavioral Health and Developmental Disabilities, the Department of Human Services, the Georgia Vocational Rehabilitation Agency, and the Department of Education shall assist, cooperate, and coordinate with the corporation in the provision of public information and outreach for a board approved Qualified ABLE Program. History. Code 1981, § […]
§ 30-7-3. Individualized Education Program for Blind Students; Evaluation of Braille Skills
Each blind student must be identified and, if appropriate, offered an individualized education program in consultation with a parent or legal guardian. While Braille is not required, it is presumed that Braille reading and writing are valuable skills and as needed are to be considered in the student’s transition plan. No child who is blind […]
§ 30-9-14. Death of Designated Beneficiary of Able Trust Fund
Upon the death of a designated beneficiary of a Georgia ABLE Trust Fund account, the Department of Community Health and the Medicaid program for another state may file a claim with the Georgia ABLE Program for the total amount of medical assistance provided for the designated beneficiary under the Medicaid program after the date of […]
§ 30-7-4. Elements of Individualized Education Program
Instruction in Braille reading and writing shall be sufficient to enable each blind student to communicate effectively and efficiently with the same level of proficiency expected of the student’s peers of comparable ability and grade level. For a student whose visual impairment affects the student’s reading and writing performance in relation to the student’s ability […]
§ 30-9-15. Assignment of Able Account Prohibited
An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge. Except as provided in Code Section 30-9-14, moneys paid into or out of an ABLE account, and the income and assets of such […]