Outside Section 45



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TAFDC Reform 3

SECTION 45.   Subsection (b) of section 110 of chapter 5 of the acts of 1995, as amended by section 123 of chapter 133 of the acts of 2016, is hereby further amended by striking out the words, "Subject to federal approval of a waiver, a family shall be eligible for assistance provided its maximum allowable countable resources do not exceed two thousand five hundred dollars" and inserting in place thereof the following words:- A family shall be eligible for assistance provided its maximum allowable countable resources do not exceed $5,000.
 
 

Summary:
This section increases the Transitional Aid to Families with Dependent Children (TAFDC) asset cap from $2,500 to $5,000.



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