Mich. Admin. Code R. 400.7016 - Eligibility; assets
Rule 16.
(1) If the
total combined cash assets that are not exempt from consideration of all
members of the SER group are more than the protected cash asset limit, the
amount in excess of the protected cash asset limit shall be deducted from the
cost of resolving the emergency to determine the amount of emergency relief to
be issued by the department.
(2) A
SER group composed solely of recipients of any of the following shall have
automatic eligibility on the basis of noncash assets:
(a) Family independence program.
(b) State disability assistance.
(c) Medical assistance.
(d) Food assistance program.
(e) Supplemental security income paid by the
social security administration.
(3) A SER group whose members' equity in
noncash assets is more than the protected noncash asset limit for the number of
members in the SER group is not eligible for the SER program.
(4) To be relevant to a determination of
eligibility, the assets in question shall be legally available to, and under
the control of, the client and shall be salable.
(5) In determining the equity in an asset,
the department shall deduct all of the following from the market value of the
asset:
(a) Any encumbrances against the
asset.
(b) The costs incurred in
selling the asset.
(c) An amount to
which a person who is not a member of the SER group is equitably
entitled.
(6) All of the
following assets are exempt from consideration in determining eligibility for
emergency relief:
(a) One homestead.
(b) Household goods.
(c) Personal goods.
(d) One burial space per SER group
member.
(e) Assets that are
essential to employment or self-employment, including all of the following:
(i) Farm livestock and farm
equipment.
(ii) Farmland.
(iii) Tools, equipment, and
machinery.
(f) One motor
vehicle that is used as the primary means of transportation.
(g) The accumulated earnings of a member of
the relief group who is a dependent child when both of the following conditions
are met:
(i) The accumulated earnings are held
in a savings account of which the dependent child who earned the money is the
sole tenant.
(ii) The accumulated
earnings are not commingled with money obtained from any source except the
earnings of the dependent child.
(h) Educational grants and
scholarships.
(i) The total cash
surrender value of life insurance policies.
(j) Irrevocable prepaid burial
contracts.
(7) The
protected cash asset limit shall not exceed the maximum limit set by the
department. The protected cash asset limit shall be published in department
policy and be made available to the public.
(8) The protected noncash asset limit shall
not exceed the maximum limit set by the department. The protected noncash asset
limit shall be published in department policy and be made available to the
public.
Notes
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