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West Virginia Income Maintenance Manual Chapter 5

West Virginia Income Maintenance Manual Page vi Chapter 5 Assets

C.2 JUDGEMENT FUNDS/LANDS HELD IN TRUST ............................................................97 C.3 DISTRIBUTION PAYMENTS, RECEIPTS, TRANSFERS, PAYMENTS, INCOME, INTEREST, LAND, AND FUNDS MADE AVAILABLE FOR PROGRAM ................................98 C.4 PROCEDURES ............................................................................................................. 104 C.4.1 Verification of Tribe Membership........................................................................ 104 C.4.2 Payment/Distribution Development .................................................................... 104 C.4.3 Documentation ................................................................................................... 104

Change History Log Section Date of Change Change Number Sub- section(s) Changed Description of Change 5.1

5.2

5.3 2/1/22 816 5.3.4 Added details regarding asset accessibility for Medicaid 5.4 3/1/19 1/1/21 10/1/21 3/1/22 10/1/22 3/1/23 1/1/24 10/1/24

1/1/25

1/1/26 769 799 809 817 828 838 845 855

859

872 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.4

5.4

5.4 Updated Asset Limits Updated Asset Limits Updated maximum allowable assets for SNAP due to mass change

Updated Asset Limits Updated Asset Limits Updated Asset Limits Updated Asset Limits Updated maximum allowable assets for SNAP due to mass change Updated to reflect the 2025 Maximum Allowable Assets for QMB, SLMB and QI-1 Updated the resource standards for single and married QMB’s, SLMB’s, QI’s. 5.5 1/1/18

2/1/18

749

751

5.5.1

5.5.45.C

5.5.7

Adding ABLE accounts to the list of assets, along with a description and explanation of exclusion.

Adding new policy to existing text that the individual can establish their own trust on or after December 13, 2016.

This change is to match federal requirements that pre-paid credit and pre-paid debit cards are considered cash on hand for SNAP