Ariz. Admin. Code § R6-13-113 - Resource Limitations

Current through Register Vol. 48, No. 14, April 8, 2022

A. An applicant is not eligible for TC payments if the applicant has resources in excess of the following, after applying the exclusions in subsection (B):
1. $1000 for an assistance unit consisting of only the applicant.
2. $1400 for an assistance unit consisting of the applicant and the applicant's spouse.
B. The Department shall exclude the equity value of the resources listed below:
1. The homestead property of the assistance unit, as defined in R6-13-102, not to exceed a current equity of $50,000;
2. Household furnishings that the assistance unit members use in their residence and personal effects essential for day-to-day living;
3. The current equity value up to $1500 of one vehicle in the assistance unit. When two or more vehicles are owned, the Department shall apply the exclusion to the vehicle with the highest equity value. Jointly owned vehicles with ownership records containing the word "or" between the owners' names are available in full to each owner unless it can be proven by the assistance unit member that the vehicle is not available to him or her or not in the assistant unit member's possession. When more than one owner is a member of an assistance unit, the equity value of the resource is counted only once;
4. Funds established in connection with settling liability claims concerning Agent Orange death or disability; and
5. Any other resource specifically excluded by law.

Notes

Ariz. Admin. Code § R6-13-113
New Section made by final rulemaking at 18 A.A.R. 1175, effective June 30, 2012 (Supp. 12-2).

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