- (a) Unearned income is generally money paid to or on behalf of an individual that does not represent any type of payment for work or services rendered by an individual.
- (b) Except for that specifically disregarded in 20 CAR § 502-506, unearned income received by a transitional employment assistance (TEA) family member is considered in determining the family’s eligibility and payment amount.
(c) The following are possible sources of countable unearned income:
- (1) Pensions, annuities, insurance benefits, Social Security, railroad retirement, veterans’ benefits, military allotments, teachers’ retirement, state retirement, and workers’ compensation;
(2)
- (A) Payments received for the rental of:
(i) Rooms;
(ii) Dwelling units;
(iii) Buildings; or
- (iv) Land.
- (B) Taxes, any interest paid on the property’s loan principal, and the expense of upkeep may be deducted;
- (3) Interest, dividends, and income from capital investments;
- (4) Payments from estates, trust funds, or other personal property that cannot be converted into cash because of legal provisions;
(5)
- (A) Child support payments.
(B) Note.
- (i) Child support payments are counted only for purposes of income eligibility.
- (ii) They are not counted for purposes of determining the payment amount; and
(6)
- (A) That portion of the income of an alien’s sponsor that must be deemed available to the alien.
- (B) See 20 CAR § 502-505.
Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: “06/04/2004”