- (1) An available asset, either income or a resource, is categorized as either excluded or countable (defined in OAR 461-001-0000).
- (2) The availability of resources is covered in OAR 461-140-0020.
- (3) The 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.
- (6) An 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.
Statutory/Other Authority
ORS 411.060, 411.070, 411.816 & 412.049
Statutes/Other Implemented
ORS 411.060, 411.070, 411.816 & 412.049
History
SSP 31-2016, f. & cert. ef. 9-1-16
SSP 25-2016(Temp), f. 6-30-16, cert. ef. 7-1-16 thru 12-27-16
SSP 17-2008, f. & cert. ef. 7-1-08
SSP 14-2006, f. 9-29-06, cert. ef. 10-1-06
AFS 10-2000, f. 3-31-00, cert. ef. 4-1-00
AFS 80-1989, f. 12-21-89, cert. ef. 2-1-90