§ 121.34

Ill. Admin. Code tit. 89, § 121.34

Lump Sum Payments and Income Tax Refunds

Effective Nov 20, 200327 Ill. Reg. 18445AUTHORITY: Implementing Sections 12-4.4 through 12-4.6 and authorized by Section 12-13 of the Illinois Public Aid Code [305 ILCS 5].DEPARTMENT OF HUMAN SERVICES

a) Lump Sum Payments. Lump sum payments received on a one time only basis are exempt as income.
b) Earned Income Tax Credits. The Earned Income Tax Credit is exempt both as income and as an asset.

(Source: Amended at 27 Ill. Reg. 18445, effective November 20, 2003)