Section 17-680-35 - Changes in resources When a household reports an increase in its assets which results in it exceeding the retention limit, the department shall determine whether the assets are projected to exceed the retention limit in the payment month following the month the change was reported.
(1) If the assets are projected to exceed the retention limit in the payment month following the month the change was reported, the household shall be ineligible for the next payment month.(2) If the household is expected to dispose of the excess assets and not have countable excessive assets in the payment month following the month the excess assets were reported, the household shall be eligible for the payment month.[Eff 3/19/93; am 12/9/94; am and comp 11/09/06] (Auth: HRS § 346-14) (Imp: 7 C.F.R. §§273.12, 273.21 )