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Rule Title: FAIM FOOD STAMP PROGRAM: RESOURCES
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Department: PUBLIC HEALTH AND HUMAN SERVICES, DEPARTMENT OF
Chapter: TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF)
Subchapter: FAIM Food Stamp Program
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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37.78.1011    FAIM FOOD STAMP PROGRAM: RESOURCES

(1) A household shall be eligible for food stamp benefits only if the combined countable resources of all household members do not exceed $3000.

(2) In determining eligibility for food stamps, vehicles owned by a member of the household shall be counted as follows:

(a) the value of any income-producing vehicle shall be excluded;

(b) the value of one vehicle which is not income-producing shall be excluded regardless of the vehicle's value;

(c) the equity value of each vehicle which is not otherwise excluded shall be counted as a resource to the household. Equity value is obtained by subtracting from the fair market value of the vehicle the amount of any enforceable lien, encumbrance, or security interest in the vehicle.

History: 53-2-201, 53-2-901, MCA; IMP, 53-2-901, 53-2-904, MCA; NEW, 1996 MAR p. 284, Eff. 1/26/96; TRANS, from SRS, 2000 MAR p. 3414.


 

 
MAR Notices Effective From Effective To History Notes
1/26/1996 Current History: 53-2-201, 53-2-901, MCA; IMP, 53-2-901, 53-2-904, MCA; NEW, 1996 MAR p. 284, Eff. 1/26/96; TRANS, from SRS, 2000 MAR p. 3414.
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