N.M. Admin. Code § 8.106.520.14

Current through Register Vol. 35, No. 20, October 22, 2024
Section 8.106.520.14 - NET COUNTABLE INCOME

The earned income remaining after all allowable exemptions and deductions shall be added to the unearned income belonging to the benefit group. The resulting amount shall be the net countable income of benefit group members. The net countable income shall be used to determine the cash assistance payment to the benefit group.

N.M. Admin. Code § 8.106.520.14

8.106.520.14 NMAC - N, 7/1/2004, Adopted by New Mexico Register, Volume XXXIV, Issue 20, October 24, 2023, eff. 11/1/2023