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Editor’s note: As of Register 207 (October 2013), and acting under AS 44.62.125(b)(6) and sec. 29, ch. 42, SLA 2013, the regulations attorney made technical changes to 7 AAC 47.330, to change “mental retardation” to “an intellectual disability or developmental disability.” Chapter 42, SLA 2013 amended terminology in the Alaska Statutes to replace references to “mental retardation” and “mentally retarded” with more current terms. Section 29, ch. 42, SLA 2013 instructed that similar changes be made in the Alaska Administrative Code. 7 AAC 47.340. Income. (a) Subject to allowable exclusions, to be eligible to receive services under 7 AAC 47.300 — 7 AAC 47.535, the total monthly countable income of an individual described in 7 AAC 47.330 may not exceed 175 percent of the annual federal poverty line for the state, as determined by the United States Department of Health and Human Services and revised under 42 U.S.C. 9902(2), adopted by reference in 7 AAC 160.900. (b) Unless otherwise specified in 7 AAC 47.300 — 7 AAC 47.535, income not received in cash is valued at the current fair market value of that which is received. (c) Income is determined on a monthly basis, except that earnings from self-employment are computed on a yearly basis and then divided by 12 to determine monthly income. Unless otherwise specified, any property, money, or service described in the definition of “income” set out in 7 AAC 47.535 is considered income in the month the property, money, or service is received. Property, money, or a service under this subsection is considered a resource as described in 7 AAC 47.535 in any calendar month after the month of receipt. (Eff. 11/23/80, Register 76; am 6/28/2002, Register 162; am 7/17/2024, Register 251) Statutory Authority: Authority: AS 47.05.010 AS 47.25.120 AS 47.25.130 7 AAC 47.345. Income exclusions and disregards. (a) Certain types of income, excluded under the APA program in 7 AAC 40, are also excluded under this chapter in determining the total monthly income of an individual described in 7 AAC 47.330, together with spousal income, if any, under 7 AAC 47.360, including

(1) cash or other property received from the sale, exchange, or other disposition of a