Haw. Code R. § 17-675-55 - Evaluation of automobiles and treatment of the values in the financial assistance programs
(a) For those
eligible for GA or AABD, one automobile owned by the individual shall be exempt
if it is:
(1) Necessary for
employment;
(2) Necessary for the
treatment of a specific or regular medical problem;
(3) Utilized to transport a disabled person;
or
(4) Necessary for daily
use.
(b) If no
automobile is exempt under the provisions of subsection (a), the first $4,500
of the fair market value of one automobile is excluded. Equity value is not a
consideration for purposes of this exclusion.
(c) For those eligible for AFDC, one
automobile regardless of value shall be disregarded and not included in the
personal reserve.
(d) The equity
value of any other automobile owned by the individual or family shall be
considered in the individual's or family's personal reserve.
(e) The equity value of an automobile shall
be determined by subtracting all encumbrances from the fair market value of the
vehicle. If an automobile is equipped with apparatus for the handicapped, the
apparatus shall not increase the value of the vehicle.
(f) The fair market value of the automobile
shall be determined by considering:
(1) The
Kelly blue book retail value;
(2)
Newspaper advertisements on the retail value for the same make, model, size,
year, and condition of the automobile; or
(3) Opinions of retail value by qualified
automobile appraisers.
(g) The equity value of automobiles owned or
registered jointly by a member of the assistance unit and non-members,
including SSI recipients, shall be determined by dividing the equity value by
the number of legal or registered owners. If a legal impediment exists, the
equity value shall be exempt.
Notes
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