The following resources are not considered in determining the family’s transitional employment assistance (TEA) eligibility:

1. (1)

   1. (A) The family’s homestead.
   2. (B) See 20 CAR § 502-421 for more information regarding the homestead;
2. (2) One (1) motor vehicle;
3. (3) Household and personal goods;
4. (4) Income-producing real or personal property;
5. (5) Earmarked resources, including but not limited to educational grants, loans, and settlement payments that are intended and used for purposes that preclude their use for current living costs, etc.;
6. (6) Earned Income Tax Credit and other tax refunds;
7. (7) Any type of life insurance policy, including the cash surrender value of the policy;
8. (8) One (1) burial plot per TEA family member;
9. (9) Payments made under any federal, state, or local disaster assistance program;
10. (10) Any property or payment required to be disregarded for eligibility purposes according to federal or state statute;
11. (11) When the unit consists of a minor parent and their child, the resources of the minor parent’s parent, parents, or stepparent;

12. (12)

    1. (A) The resources of the spouse of a nonparent relative who is included in the TEA cash assistance unit.
    2. (B) Note. If jointly owned, the caretaker relative’s pro rata share will be counted;

13. (13)

    1. (A) Individual Development Accounts.
    2. (B) Refer to 20 CAR § 503-220;
14. (14) Funds up to ten thousand dollars ($10,000) placed in an escrow account by a TEA recipient who is engaged in a micro-enterprise work activity;
15. (15) Savings for Education, Entrepreneurship, and Down Payment accounts; and
16. (16) Achieving a Better Life Experience (ABLE) accounts.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: “01/01/24”