Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 43 - SOCIAL SERVICESChapter 5 - PUBLIC AID, ASSISTANCE AND RELIEF GENERALLY
Article 9 - SOUTH CAROLINA FAMILY INDEPENDENCE ACT OF 1995
Section 43-5-1205 - Interest income and dividends to be excluded

S.C. Code § 43-5-1205

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Current through 2024 Act No. 225.
Section 43-5-1205 - Interest income and dividends to be excluded

In order to assist AFDC families in gaining financial independence and in building for the future, the Department of Social Services shall apply to the federal government for a waiver allowing the State to exclude interest income and dividends up to four hundred dollars in determining eligibility and payment amounts for Aid to Families with Dependent Children.

S.C. Code § 43-5-1205

1995 Act No. 102, Part IV, Section 6, approved June 12, 1995 and takes effect ninety days after receipt of approval of a federal waiver authorizing the department to implement these provisions or ninety days after federal law permits implementation.