A bill to amend titles XVI and XIX of the Social Security Act to discourage the voluntary divestiture of assets in order to qualify for the Supplemental Security Income program or the Medicaid program.

[AI summary unavailable — showing source text] Amends titles XVI (Supplemental Security Income) and XIX (Medicaid) of the Social Security Act to deny benefits under such titles to persons who dispose, within a 12 month period preceding an application for benefits under such titles, of any type of property, worth in excess of $1,000, for less than its fair market value which, if retained, would cause such persons to be ineligible for benefits under such titles. Withholds eligibility for the length of time the market value of the property less encumbrances would have supported the applicant for the type of care for which such applicant applied.…