- (a) This section is effective beginning October 1, 2009.
(b) In implementing the federal Deficit Reduction Act of 2005, the office shall comply with the following:
- (1) A rule adopted may not apply to the transfer of property or another transaction that occurred before the passage of the rule.
- (2) The office may not require an individual to return all assets in order to reduce a penalty period for the transfer of assets. The office shall allow a penalty period to be proportionally reduced for a partial return of assets.
As added by P.L.14-2009, SEC.2. Amended by P.L.229-2011, SEC.124.