Legislation and Laws
Articles, analyses and general information about legislation and laws that relate to aging and the services that LeadingAge members offer.
Congress wrapped up the fiscal year 2015 appropriations bill just before a government shutdown. Affordable housing programs received $420 million, a $35 million increase over last year. Home and community-based services programs (HCBS) under the Older Americans Act were funded at the 2014 level. Congress also passed an extension of expiring tax breaks, including the IRA charitable rollover, and the minimum 9% credit rate for the low-income housing tax credit.
Federal Housing Finance Agency (FHFA) Director Mel Watt issued letters directing the CEOs of government-sponsored entities Fannie Mae and Freddie Mac to begin setting aside and allocating funds to the National Housing Trust Fund and to the Capital Magnet Fund.
Next year will be important and symbolic for aging programs and services, as we celebrate the 80th anniversary of Social Security, the 50th anniversaries of Medicare and Medicaid and the fifth anniversary of the Affordable Care Act.
Following the November 4 elections, the lame duck Congress will return to Washington to complete its unfinished business. See where aging services issues stand and where we still have opportunities to make a difference.
Speaking at a staff briefing organized by the National Council on Aging and sponsored by Senators Jay Rockefeller (D-WV) and Richard Blumenthal (D-CT), Larry Minnix told congressional staff that the United States faces "a perfect storm" of challenges to the current patchwork approach to financing long-term care.