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5601 Volume III | Chapter 5

MISSISSIPPI [ RESOURCES: TRANSFER OR RESOURCES ]

Revised 05 - 01 - 06 NOTE: A transfer of resources should not be confused with disposing of a resource. For example, an applicant or recipient could dispose of money in a savings account in order to buy a car and this would not be considered a transfer of resources. A transfer is a giving away of sorts. ALLOWABLE TRANSFERS Eligibility for the program will not be affected by the following transfers: 1. Resources which would not otherwise affect eligibility, for example, resources consisting of excluded personal property such as furniture or of money that, when added to other nonexempt household resources, totaled less at the time of the transfer than the allowable resource limits; 2. Resources which are sold or traded at, or near, fair market value; 3. Resources which are transferred between members of the same household, including excluded household members whose resources are being considered available to the household; and 4. Resources which are transferred for reasons other than qualifying or attempting to qualify for TANF; for example, a parent placing funds into an educational trust fund as outlined in Resources to be Excluded, earlier in this chapter DISQUALIFICATION PROCEDURES In the event the State agency established that an applicant household knowingly transferred resources for the purpose of qualifying or attempting to qualify for TANF, the household will be sent a notice of denial explaining the reason for and length of the disqualification. The period of disqualification will begin with the month of application. If the household is participating at the time of the discovery of the transfer, advance notice explaining the reason for the length of the disqualification will be sent. The period of disqualification will be made effective with the first money payment to be issued after the notice of adverse action period has expired, unless the household has requested a fair hearing and continued benefits. NOTE: The date of discovery of a transfer of resources has no effect on the county taking action to disqualify the applicant household for the transfer provided the resource was transferred within the 90-day period preceding the date of application. For example, a household transferred a resource which affected eligibility on April 15th and applied for TANF on July 10. This transfer was discovered by the county the next December. At the time of the discovery the county takes action to disqualify the household based on the amount of the resource, as outlined below. The length of the disqualification period shall be based on the amount by which nonexempt