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proportionate share is available, it is to be considered a resource as required by the specific assistance category, as discussed in the following sections. 2615.35.05 INCOME PRODUCING PERSONAL PROPERTY (S)
Work related equipment, such as the tools of a tradesman or the machinery of a farmer, which is essential to the employment or self-employment of an AG member, is exempt. (f9)
The equipment of a farmer remains exempt for one year after termination of the farm self- employment.
The entire value of any licensed vehicle such as, but not limited to, a taxi, tractor, or fishing boat, is excluded if one of the following apply: • The vehicle is used primarily (over 50% of the time the vehicle is used) for income producing purposes. Vehicles owned by farmers meeting this criterion remain exempt as a resource for one year from the date self-employment from farming is terminated. • The vehicle annually produces income consistent with its fair market value, even if used only on a seasonal basis; or • The vehicle is necessary for long distance travel, other than daily commuting, that is essential to the employment of an AG member; for example, the vehicle of a traveling salesperson or a migrant farm worker following the work stream.
The exemptions will also apply during temporary periods of unemployment when the vehicle is not in use; for example, if a taxi driver is ill or if a fishing boat is frozen in the harbor. 2615.35.10 INCOME PRODUCING PERSONAL PROPERTY (C)
The equity value of farm or business equipment is a countable resource. 2615.40.00 PERSONAL PROPERTY USED TO PRODUCE FOOD (C)
Personal property necessary for the production of food for home consumption is also exempt as a resource. (f10) This would include such things as garden equipment, farm implements, chickens, and livestock. 2615.45.00 STOCKS, BONDS, AND MUTUAL FUND SHARES
Stocks, mutual fund shares, and bonds may be solely or jointly owned. If jointly owned, refer to Section 2605.10.05 for instructions regarding personal property. Stocks, mutual fund shares, and bonds are considered in the eligibility determination as follows: • Stocks and Mutual Fund Shares o The current market value of shares of stock and mutual fund shares can be verified by reviewing the closing or "bid" price listed in the financial section of the newspaper, or by contacting a brokerage firm. The value to be considered as a