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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 100 53.2.2. Resource Value of the Agreement Assume that the resource value of a promissory note or property agreement is its outstanding principal balance unless the individual furnishes evidence that it has a lower cash value. 53.2.2.1. Rebuttal Inform the individual that the outstanding principal balance will be used in determining resources unless he or she submits: • Evidence of a legal bar to the sale of the agreement; or • An estimate from a knowledgeable source, showing that the CMV of the agreement is less than its outstanding principal balance. Knowledgeable sources include anyone in the business of making such estimates (e.g., banks or other financial institutions, private investors, real estate brokers, etc.). The estimate must show the name, title, and address of the source. 53.2.3. Verification • Obtain a copy of the agreement. Assume, absent evidence to the contrary, that the written agreement is bona fide and negotiable. • Obtain evidence of the outstanding principal balance. The outstanding principal balance is the balance in the month for which a determination is being made. An amortization schedule can be used to determine the outstanding principal balance and the interest income if the terms of the agreement are known (e.g., interest rate, payment period, original principal amount, etc.).
54. Radiation Exposure Compensation Trust Fund Fallout emitted during the U.S. Government’s atmospheric nuclear testing in Nevada during the 1950s and during a brief period in 1962 exposed some individuals to doses of radiation that put their health at risk. In addition, some individuals employed in uranium mines during the period January 1, 1947 to December 31, 1971 were exposed to large doses of radiation. P.L. 101-426 created the Radiation Exposure Compensation Trust