Introduced by Senator Campbell of Windsor County
Referred to Committee on
Subject: Human services; home heating fuel assistance program
Statement of purpose: This bill proposes to amend the allowable assets test for beneficiaries of the seasonal fuel assistance portion of the home heating fuel assistance program to permit a beneficiary to retain no more than $10,000.00 in assets other than a home.
AN ACT RELATING TO THE ASSET ELIGIBILITY REQUIREMENTS OF THE LOW INCOME HOME HEATING FUEL ASSISTANCE PROGRAM
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 33 V.S.A. § 2604(a) is amended to read:
(a) Household income requirements. The secretary, by rule, shall establish household income and asset eligibility requirements of beneficiaries in the seasonal fuel assistance program including the income and assets of all residents of the household. The eligibility requirements shall require that households have a net household income no greater than 125 percent of the federal poverty level in order to be potentially eligible for benefits. Net income shall be derived by making the following deductions from gross income: 20 percent of household members' gross earned income; 100 percent of federal or state earned income credits received by household members; dependent care expenses that are within an allowable maximum, paid by a household member, and necessary to support a household member's employment or training for employment, according to criteria established by the secretary by rule; child support or alimony payments made by a household member on behalf of a nonhousehold member that meet criteria established by the secretary by rule; $150.00 for each household member who is 60 years of age or older or disabled according to criteria established by the secretary by rule; any deductions or exclusions required by federal law or regulations; and any other deduction or exclusion established by the secretary by rule. The asset eligibility requirements for beneficiaries in the seasonal fuel assistance portion of the program shall permit a beneficiary to retain up to $10,000.00 in countable assets.