Oregon Administrative Rules
Chapter 461 - DEPARTMENT OF HUMAN SERVICES, SELF-SUFFICIENCY PROGRAMS
Division 140 - GENERAL FINANCIAL ELIGIBILITY
Section 461-140-0010 - Assets; Income and Resources
Current through Register Vol. 63, No. 9, September 1, 2024
(1) An available asset, either income or a resource, is categorized as either excluded or countable (defined in OAR 461-001-0000).
(2) The availability of resources is covered in OAR 461-140-0020.
(3) The availability of income is covered in OAR 461-140-0040.
(4) Excluded assets are identified in the rules in this chapter (see divisions 140 and 145 in particular) and are not considered when a client's eligibility and benefit level are determined.
(5) In the OSIP, OSIPM, and QMB programs, an asset excluded pursuant to a rule in OAR Chapter 461 remains excluded as long as the asset is used in a manner consistent with the rule that provided the exclusion.
(6) An available asset not specifically excluded is countable, and its value is used in determining the eligibility and benefit level of a client.
(7) An asset may not be counted as a resource and as income in the same month.
Stat. Auth: ORS 411.060, 411.070, 411.816, 412.049
Stats. Implemented: ORS 411.060, 411.070, 411.816, 412.049