- A. The asset limit for a RCA case is $2,000.
B. Excluded Assets. Assets excluded from the $2,000 limit are:
- (1) The home which is the usual residence of the assistance unit;
(2) Basic items essential to day-to-day living such as:
- (a) Personal items such as clothing, toilet articles, and cosmetics;
- (b) Household accessories and furnishings in everyday use;
- (c) Appliances, including devices for preparation and storage of food, upkeep of clothing, or home maintenance;
- (d) Health aids such as wheelchairs, hearing aids, or walking aids;
- (e) Educational material; and
- (f) Children's toys;
- (3) Vehicles owned by assistance unit members;
- (4) One burial plot per assistance unit member;
- (5) Contracted funeral agreements;
- (6) Tools and equipment necessary for employment;
- (7) Income-producing property, farm machinery, livestock, tools, and business equipment;
- (8) Life insurance policies;
- (9) Trust accounts established by court order under Estates and Trusts Article, §§13-401—13-407, Annotated Code of Maryland;
- (10) Individual Development Accounts (IDA);
- (11) Up to $2,000 held in a separate bank account for each child's earnings;
- (12) Real property, other than the home, if it is listed for sale with a realtor; and
- (13) Assets remaining in the applicant's country of origin.
C. Countable Assets.
- (1) Assets, except for those excluded in §B of this regulation, in which the applicant or recipient has legal interest and which are actually available are countable.
- (2) The countable amount of an asset is the equity value.
- (3) Countable assets include the assets of individuals not included in the assistance unit as described in Regulation .06C of this chapter.
- D. The LDSS may not consider a sponsor's resources to be accessible to a refugee solely because the individual is serving as a sponsor.
Authority: Article 88A, §§1A(a), 3(a), and 15, Annotated Code of Maryland;
Federal Regulatory Reference—45 CFR Parts 400 and 401
Effective date: January 19, 2004 (31:1 Md. R. 30)
Regulation .01B amended effective June 18, 2007 (34:11 Md. R. 971)
Regulation .15 repealed and new Regulation .15 adopted effective June 20, 2005 (32:12 Md. R. 1046)
Regulation .15 amended effective June 18, 2007 (34:11 Md. R. 971)