Requires the Department of Health and Human Services (DHHS), Division of Health Benefits (Division), to the extent allowable under federal law, to amend its rules and policies for determining Medicaid eligibility, as necessary, to ensure that a transfer of funds by an individual 65 years of age or older into a pooled special needs trust is treated as a transfer for fair market value to the extent that the individual making the transfer demonstrates that the transferred funds are intended to be used by the trustee of the trust, within the life expectancy of the individual, to provide to the individual goods and services valued at the fair market value of the funds transferred into the trust.

Requires DHHS, to the extent allowable under federal law, to amend its rules and policies for determining eligibility for State-County Special Assistance, as necessary, to ensure that a transfer of funds by an individual 65 years of age or older into a pooled special needs trust is treated as a transfer for fair market value to the extent that the individual making the transfer demonstrates that the transferred funds are intended to be used by the trustee of the trust, within the life expectancy of the individual, to provide to the individual goods and services valued at the fair market value of the funds transferred into the trust.