Source: http://pomsresource.org/poms/2018-04-19/PS-01810.011/countable-resources/diff
Timestamp: 2019-11-19 12:40:38
Document Index: 778204384

Matched Legal Cases: ['§ 1602', '§ 416', '§ 1613', '§ 205', '§ 416', '§ 416']

PS 01810.011: Florida
TN 12 (12-17)
SSI is a general public assistance program for aged, blind, or disabled individuals who meet certain income and resource restrictions and other eligibility requirements. See Social Security Act (Act) §§ 1602, 1611(a); 20 C.F.R. §§ 416.110, 416.202 (2017).*1 The Act does not define “resources” and provides only a list of certain items excluded in determining the resources of an individual. See Act § 1613(a). However, Congress empowered the Commissioner to promulgate rules and regulations to establish the right to SSI payments. See Act §§ 205(a), 1631(d)(1). Pursuant to that authority, the Commissioner has clarified that resources include “any real or personal property interest that an individual . . . owns and could convert to cash to be used for his or her support and maintenance.” 20 C.F.R. § 416.1201(a) (2017); see Program Operations Manual System (POMS) SI 01110.100B.1; POMS SI 01120.010B. “If the individual has the right, authority or power to liquidate the property, or his or her share of the property, it is considered a resource. If a property right cannot be liquidated, the property will not be considered a resource of the individual. . . .” 20 C.F.R. § 416.1201(a)(1); see POMS SI 01110.100B.1, B.3; POMS SI 01110.115A; POMS SI 01120.010B.
. * All references to the C.F.R. are to the 2017 edition.