N.M. Admin. Code § 8.102.620.9

Current through Register Vol. 36, No. 1, January 14, 2025

Section 8.102.620.9 - GRANT DETERMINATION

A. Determining the payment standard: The payment standard shall be determined based on the eligibility standards and requirements forth in 8.102.500.8 NMAC. The payment standard also includes the special clothing allowance.

B. Determining benefit group income: The benefit group's net countable income considered in the payment determination shall be the sum of:

(1) gross non citizen sponsor income;

(2) countable earnings after allowable deductions and disregards of benefit group members; and

(3) gross unearned income of benefit group members;

(4) the net income calculation is rounded down removing the cents.

C. Determining the grant: A benefit group whose countable income after allowed deductions and disregards equals or exceeds the standard of need applicable to the benefit group shall not be eligible for payment. The grant shall be a monthly benefit amount determined by subtracting the benefit group's net countable income from the payment standard applicable to the benefit group.

N.M. Admin. Code § 8.102.620.9

8.102.620.9 NMAC - Rp 8.102.620.9 NMAC, 7/1/2001; A, 11/15/2007; A, 1/1/2011; A, 7/1/2013, Amended by New Mexico Register, Volume XXVI, Issue 13, July 15, 2015, eff. 8/1/2015, Amended by New Mexico Register, Volume XXIX, Issue 20, October 30, 2018, eff. 11/1/2018, Adopted by New Mexico Register, Volume XXXV, Issue 12, June 25, 2024, eff. 7/1/2024