An available asset, either income or a resource, is categorized as either
excluded or countable (defined in OAR 461-001-0000
The availability of resources is covered
in OAR 461-140-0020
availability of income is covered in OAR 461-140-0040
(4) Excluded assets are identified in the
rules in this chapter (see divisions 140 and 145 in particular) and are not
considered when a client's eligibility and benefit level are determined.
(5) In the OSIP, OSIPM, and QMB
programs, an asset excluded pursuant to a rule in OAR Chapter 461 remains
excluded as long as the asset is used in a manner consistent with the rule that
provided the exclusion.
available asset not specifically excluded is countable, and its value is used
in determining the eligibility and benefit level of a client.
(7) An asset may not be counted as a resource
and as income in the same month.
Or. Admin. R.
AFS 80-1989, f. 12-21-89,
cert. ef. 2-1-90; AFS 10-2000, f. 3-31-00, cert. ef. 4-1-00; SSP 14-2006, f.
9-29-06, cert. ef. 10-1-06; SSP 17-2008, f. & cert. ef. 7-1-08; SSP
25-2016(Temp), f. 6-30-16, cert. ef. 7-1-16 thru 12-27-16;
31-2016, f. & cert. ef.
Stat. Auth: ORS
Stats. Implemented: ORS