RELATING TO RECIPIENTS OF TEMPORARY ASSISTANCE TO NEEDY FAMILIES
By Representative(s) MCDERMOTT
Report Title: TANF; $5,000 Asset Disregard
Description: Allows recipients of TANF to have 1 savings account up to $5,000 for tuition, books, and incidental expenses or a down payment on a primary residence or for business incubation to be disregarded in calculation of determination of assistance. Also exempts net worth of any business owned by a member of the assistance unit.
1-27-99 H Introduced and passed First Reading
1-28-99 H Referred to the committees on 1. HSH 2. FIN ,
referral sheet 5