Oklahoma Administrative Code
Title 340 - Department of Human Services
Chapter 10 - Temporary Assistance for Needy Families (TANF)
Subchapter 3 - Conditions of Eligibility - Need
Part 1 - RESOURCES
Section 340:10-3-2 - Resource general provisions
Current through Vol. 42, No. 7, December 16, 2024
(a) Resources defined. For the purposes of the Temporary Assistance for Needy Families Program (TANF), resources means any form of real and personal property that has an available monetary value. All available resources, except those required to be disregarded by federal law or rules, per Oklahoma Administrative Code (OAC) 340:10-3-2 through 340:10-3-9 are considered.
(b) Resource evaluation. The worker evaluates and verifies the value of the assistance unit's countable available resources at application and renewal.
(c) Maximum resource standard. Refer to Oklahoma Human Services (OKDHS) Appendix C-1, Maximum Income, Resource, and Payment Standards, Schedule IX.C for the maximum resources the assistance unit may hold in one or more countable resources and still be considered eligible for TANF based on need. The assistance unit is ineligible for TANF for any month its resources exceed the maximum resource standard. When the assistance unit's resources exceed the resource standard, the worker closes the TANF cash assistance for the next advance notice effective date, per OKDHS Appendix B-2, Deadlines for Case Actions.
(d) Relative-payee resources. A relative-payee may only be included in the TANF cash assistance benefit when the natural or adoptive parent is not in the home, the relative-payee meets the definition of a needy caretaker, per OAC 340:10-3-30, and inclusion of his or her resources does not exceed the maximum resource standard. A stepparent may be included in the cash assistance benefit when the natural or adoptive parent is incapacitated or not in the home.
Amended at 10 Ok Reg 527, eff 12-8-92 (emergency); Amended at 10 Ok Reg 2813, eff 6-25-93; Amended at 11 Ok Reg 157, eff 11-1-93 (emergency); Amended at 11 Ok Reg 1639, eff 5-12-94; Amended at 17 Ok Reg 444, eff 11-1-99 (emergency); Amended at 17 Ok Reg 2075, eff 7-1-00; Amended at 21 Ok Reg 814, eff 5-1-04