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ESA SNAP Policy Manual 278 Asset Type TANF, GC, RCA SNAP ABD Medicaid and IDA N/A Some SSI-related Medicaid recipients may also qualify for the "PASS” program, under which some assets are not countable. Contact the ESA Policy Unit, if an ABD Medicaid recipient reports such assets. Income tax refunds Excluded from being counted as an asset for 12 months after the refund is received. Indian land Exclude Indian lands jointly held with a tribe and land than can only be sold with the approval of the Department of Interior, Bureau of Indian Affairs. Jointly owned assets: unavailable Exclude unavailable jointly owned assets. A jointly owned asset is unavailable if:  An owner cannot legally sell their share without the other owner’s consent and verifies that the joint owner does not agree to the sale.  A resident of a shelter for battered people jointly owns an asset with a former member of their household and access to the asset is dependent on the cooperation of the joint owner. Jointly owned assets: available Prorate the value of the asset based on the number of owners. Count assets owned jointly by separate households in their entirety to each household. If the household can demonstrate that it has access to only a portion of the asset, count the value of that portion toward the household’s asset level. QMB & ABD (excluding SSI recipients): Count the entire amount of an asset to which the household has access. Land contract Exclude the value of the property for both the contract holder (seller) and the purchaser. Life insurance Excluded  If face value of all policies combined is $1,500 or less: exclude.  If the face valued of all policies combined is more than $1,500: count the cash surrender value as an asset. Life insurance–funded funerals Excluded Loan-related assets Exclude noncash assets of a household member used to secure a loan for business purposes if both of the following conditions are met:  The borrower is a household member, ineligible noncitizen or disqualified person whose assets are counted as part of the household's assets.  A security or lien agreement prevents the household from selling the asset or converting it to cash. If the above conditions are not met, count the asset’s cash or equity value. Return