18 Miss. Code. R. 14-16.2

Current through December 10, 2024

Rule 18-14-16.2 - Included Resources

The following resources must be included and verified:

A. Liquid resources such as:

1. Cash on hand (including gross lottery or gambling winnings);

2. Money in checking and savings accounts;

3. Saving certificates;

4. Stocks or bonds;

5. Vacation pay;

6. Loans;

7. Accumulated earnings of a student under 18;

8. Retirement plans not listed in Rule 16.4 Excluded Resources; and

9. Nonrecurring lump sum payments.

B. Non-liquid resources such as:

1. Personal property (not including jewelry or furniture);

2. Recreational vehicles;

3. Industrial vehicles (unless income-producing exceptions are met);

4. Buildings (not specifically excluded in Rule 16.4 Excluded Resources);

5. Property (not specifically excluded in Rule 16.4 Excluded Resources);

6. Recreational property;

7. Resources belonging to excluded household members; and

8. Timber (not located on the same property as the home).

C. Resources of the sponsor and sponsor's spouse must be deemed for a household that contains a sponsored non-citizen.

18 Miss. Code. R. 14-16.2

7 CFR §273.8(c)

Adopted 3/15/2022

Amended 10/20/2023

Amended 12/9/2024