Oregon Administrative Rules
Chapter 413 - DEPARTMENT OF HUMAN SERVICES, CHILD WELFARE PROGRAMS
Division 100 - SUBSTITUTE CARE - FUNDING ELIGIBILITY
Section 413-100-0170 - Determining Resources
Universal Citation: OR Admin Rules 413-100-0170
Current through Register Vol. 63, No. 12, December 1, 2024
A child is not Title IV-E eligible if in the eligibility month all resources available to the eligibility unit that are not excluded by Department rules in effect on July 16, 1996, exceed the resource limit.
(1) The resource limit for an eligibility unit is $10,000.
(2) A resource considered available to the eligibility unit includes:
(a) Cash on hand.
(b) Cash in a safe deposit box.
(c) Checking or savings accounts.
(d) Stocks, bonds and other securities
including Certificates of Deposit.
(e) Trust fund if legally available for
use.
(f) Equity value of prepaid
burial arrangement. Of the equity value of a prepaid burial arrangement, $1,500
is exempt.
(g) Equity value of life
insurance policy.
(h) Equity value
of recreational vehicles used for amusement.
(i) Equity value of motor vehicles. Of the
equity value of a licensed motor vehicle, $1,500 is exempt if it is utilized
for day-to-day transportation. If an eligibility unit has more than one
licensed motor vehicle, only one vehicle is eligible for the
exemption.
(j) Equity value of real
property (land and buildings).
(k)
Equity value of income producing property.
(l) Equity value of work related
equipment.
(m) Tax
refunds.
Statutory/Other Authority: ORS 409.010, ORS 409.050, ORS 412.144 & ORS 418.005
Statutes/Other Implemented: ORS 409.010, ORS 409.050, ORS 412.144 & ORS 418.005
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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