Idaho Admin. Code r. 16.03.04.362 - SALABLE ITEM WITHOUT SIGNIFICANT RETURN EXCLUDED

Resources that cannot be sold for a significant return are excluded. A significant return is one-half (1/2) the household resource limit. One-half (1/2) the household resource limit is one thousand dollars ($1,000) or one thousand five hundred dollars ($1,500), depending on household composition. The Department requires the household to give proof of the value of a resource only if it questions the resource data provided. Vehicles are not included under this rule. A single resource cannot be divided to get an exclusion under this rule. A resource meeting the conditions described in Subsections 362.01 through 362.03 is not counted. (3-17-22)

01. No Profit from Sale. The sale, or other disposal, of the resource is not likely to produce one-half (1/2) the resource limit for the household. (3-17-22)

02. No Interest in Resource. The household's interest in a resource is slight. The sale of the resource is not likely to bring one-half (1/2) the household resource limit. (3-17-22)

03. Cost of Sale Too Great. The cost of selling the household's interest in a resource is excessive. The household is not likely to sell the resource for one-half (1/2) the resource limit. (3-17-22)

Notes

Idaho Admin. Code r. 16.03.04.362