Md. Code Regs. 07.03.16.12
Current through Register Vol. 51, No. 17, August 23, 2024
Section 07.03.16.12 - Lump Sum IncomeA. Lump sum income is a nonrecurring money payment received by the assistance unit.B. Lump sum income is calculated as follows:(1) Lump sum income is added to the sum of all other income for the month after work expenses and other disregards, as allowable, have been applied;(2) Income resulting from the computation in §B(1) of this regulation is divided by an amount equal to the allowable payment amount for the assistance unit size as described in Regulation .15 of this chapter;(3) The assistance unit is ineligible for the period of months equal to the quotient;(4) Any amount remaining which is less than a full monthly benefit for the assistance unit size is counted as income in the first month after the period of ineligibility; and(5) If the lump sum is less than a monthly payment amount for the assistance unit, the lump sum is counted as income in the month following the expiration of timely notice.C. Lump Sum Income-Shortened Period of Ineligibility. The LDSS shall shorten the period of ineligibility for RCA due to receipt of a lump sum if the:(1) Lump sum income becomes unavailable to the assistance unit due to circumstances beyond the assistance unit's control, with the following circumstances being considered beyond the control of the unit:(b) Disaster defined as fire, flood, tornado, or civil disorder;(c) Eviction or foreclosure;(d) Theft or breakdown of an essential appliance;(e) Breakdown of essential household furnishings, equipment, or structure necessitating repair or replacement; or(f) Lack of heating or utilities or insufficient fuel supply;(2) Assistance unit incurs and pays medical expenses;(3) Assistance unit uses the lump sum to repair a vehicle, purchase a vehicle, or pay car insurance; or(4) Lump sum income becomes unavailable to the assistance unit due to circumstances beyond the assistance unit's control as defined by the LDSS.Md. Code Regs. 07.03.16.12