Section 62 TAFDC Reforms 1
Section 110 of chapter 5 of the acts of 1995 is hereby amended by striking out subsection (b), as most recently amended by section 53 of chapter 154 of the acts of 2018, and inserting in place thereof the following subsection:-
(b) A family shall be eligible for assistance if its maximum allowable countable resources do not exceed $5,000 and upon meeting all other eligibility criteria; provided, however, that the value of 1 vehicle shall not count toward the family's countable resources; and provided further, that an assistance unit shall be allowed the value and balance of a college savings plan established and maintained pursuant to, or consistent with, section 529 of the Internal Revenue Code.
The department shall exclude from a family's countable resources any earned income of dependent children of the family who are working part time while attending school full time. The department shall promulgate regulations in accordance with this section, including, but not limited to, revising clause (2) of subsection (D) of 106 CMR 204.210.