Section 17-675-55 - Evaluation of automobiles and treatment of the values in the financial assistance programs(a) For those eligible for GA or AABD, one automobile owned by the individual shall be exempt if it is:(1) Necessary for employment;(2) Necessary for the treatment of a specific or regular medical problem;(3) Utilized to transport a disabled person; or(4) Necessary for daily use.(b) If no automobile is exempt under the provisions of subsection (a), the first $4,500 of the fair market value of one automobile is excluded. Equity value is not a consideration for purposes of this exclusion.(c) For those eligible for AFDC, one automobile regardless of value shall be disregarded and not included in the personal reserve.(d) The equity value of any other automobile owned by the individual or family shall be considered in the individual's or family's personal reserve.(e) The equity value of an automobile shall be determined by subtracting all encumbrances from the fair market value of the vehicle. If an automobile is equipped with apparatus for the handicapped, the apparatus shall not increase the value of the vehicle.(f) The fair market value of the automobile shall be determined by considering:(1) The Kelly blue book retail value;(2) Newspaper advertisements on the retail value for the same make, model, size, year, and condition of the automobile; or(3) Opinions of retail value by qualified automobile appraisers.(g) The equity value of automobiles owned or registered jointly by a member of the assistance unit and non-members, including SSI recipients, shall be determined by dividing the equity value by the number of legal or registered owners. If a legal impediment exists, the equity value shall be exempt.[Eff 3/19/93; am 8/1/94; am 12/15/95; am 1/25/97; am 9/26/97] (Auth: HRS § 346-53) (Imp: HRS § 346-29; 45 C.F.R. §233.20; 47 Fed. Reg. 5674; Waiver Terms and Conditions, August 16, 1996, Administration for Children and Families - Department of Human Services)