June 16, 2011, Introduced by Rep. Opsommer and referred to the Committee on Families, Children, and Seniors.
A bill to amend 1939 PA 280, entitled
"The social welfare act,"
(MCL 400.1 to 400.119b) by adding sections 10c and 57v.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 10c. For the purposes of determining financial
eligibility for food assistance, the department shall apply an
asset test that requires eligible households to have not more than
$3,000.00 in countable assets in order to be eligible for food
assistance. Assets specifically not counted include the home the
applicant or recipient is presently living in and its lot,
household goods, income-producing property, real estate that is up
for sale, cash value of life insurance, personal property,
retirement accounts such as IRA and 401k plans, and vehicles used
for family transportation, to go to and from work, to produce
income, as the household's home, to transport a disabled household
member, or serving as a primary source of transportation for
obtaining food, water, fuel, health care, or other life
necessities. Any vehicle with an equity value of less than
$2,000.00 shall not be counted.
Sec. 57v. For the purposes of determining financial
eligibility for public assistance under this act, money received
from lottery or other gambling winnings shall be considered
countable income whether the money is received in a lump-sum
payment or on a monthly payout basis.