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A1TAcHMEN’r 3-B PAG[) tV-A STATE OF 01110 CITATIONS 233.120 EMERGENCY ASSISTANCE TO NEEDY FMvIILEES WITH CHILDREN Other eligibility requirements are in elThct. I. Voluntary residence within the state with intent to remain permanently or for an indefinite period of time is a requirement. Residency may be established when an individual is not receiving assistance from another state and/or has entered the state with a job commitment or scelcing employment, 2. Co-payment is that portion of the cost of EA items for which the family is responsible. The net income in excess of the financial eligibility standard for the appropriate household size as set forth in attachment 3-D is considered available towards the emergent need. This is the income which remains after all deductions as set forth in attachment 3-D are allowed. In computing the amount of resources available for co-payment the first $50 is exempt. Any liquid assets of the assistance group in excess of $50 are considered countable resources to be applied totvard the emergent need as a co-payment. Liquid assets are those resources which are in cash or payable in cash upon demand. For EA purposes, liquid assets are those which can be converted to cash within the budget period as defined in state policy so that the funds are available to help meet the emergent need. The most common types of liquid assets are cash on hand, saving accounts, checking accounts, stocks, bonds, mutual funds. promissory’ notes, and burial accounts. The countable income and countable resources are added together to become the familyts co-payment. The co-payment amount is the limily’s obligation to pay towards the emergent need. The co-payment is then applied toward the emergent need to determine the amount of the FEA payment. If the co-payment is equal to or exceeds the emergent need, no FEA payment is made. If co-payment is less than the emergent need, the amount of co-payment is applied towards the emergent need and the FEA payment is issued along with the co-payment to meet the total amount needed to meet the emergency. ApprcEi F Da c I Ic I 1