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Exposure Compensation Act are exempt resources.72

2630.65.00 AGENT ORANGE SETTLEMENT ACT PAYMENTS Payments made from the Agent Orange settlement fund, or any fund established as a result of the Agent Orange product liability litigation, are exempt from resource consideration.73 2630.70.00 FEDERAL TAX REFUND PAYMENTS For non-MAGI (MED 1, 2, 4) AGs, federal tax refunds received after December 31, 2009, are disregarded as a resource for a period of 12 months after the month of receipt for all federal means-tested programs including Medicaid. The resource exclusion lasts for 12 months If properly transferred within the 12- month protected period, transfer of the federal tax refund would be allowable and would not incur a transfer penalty for the member. Example: Sam is institutionalized in a psychiatric facility and receives a federal tax return in the amount of $8000.00. The tax refund was transferred to her brother 3 months after the receipt date. Because the transfer occurred within the 12-month period of receipt, this is allowable, and Sam would not incur a transfer penalty. The federal tax refund is to be excluded as a resource by subtracting any tax refund received by the AG in the last 12 months from the AG’s resources. If the difference between the resources and the amount of the federal tax refund is less than the resource limit, the AG meets the resource limit. Example: AG applies today and has total resources of $4000. AG verified receipt of a federal refund in the amount of $3287 received in January of this year. This federal refund amount would need to be deducted from the total resources and the difference of $713 would be countable as a resource. 2630.95.00 INDIVIDUAL DEVELOPMENT ACCOUNT Individual Development Accounts (IDA) operated under the Assets for Independence Act (AFIA), Public Law 106-554, are established by or on behalf of eligible TANF recipients for the purpose of purchasing a home, attending post-secondary education, or purchasing a business.74 Eligible individuals75 may receive matching funds for their IDA through a community development corporation (CDC). Any funds deposited in an IDA are exempt from being counted as a resource. (See IPPM 2850.05.00) 2635.00.00 RESOURCE ELIGIBILITY DETERMINATION Resource eligibility requirements for MED 1, 2, or 4 categories must be met for eligibility to be established. The worker is responsible for obtaining and verifying all pertinent information regarding the