S.D. Admin. R. 67:12:05:76

Current through Register Vol. 51, page 57, November 12, 2024
Section 67:12:05:76 - Exclusion of vehicle owned by dependent child

The trade-in value of a vehicle owned by a dependent child is excluded from the resource limit if all of the following requirements are met:

(1) The household has been assigned to the 1115 waiver group under the provisions of § 67:12:01:73;
(2) The trade-in value does not exceed $2,500;
(3) The child who owns the vehicle is at least 14 years old;
(4) The child is at least a part-time student;
(5) The child is employed at least part-time or has been employed at least part-time in the preceding 12 months;
(6) The vehicle is owned solely by the child or is owned jointly by the child and the child's caretaker or another adult relative; and
(7) A portion of the payment for the car comes from the child's earnings.

This exclusion is limited to one vehicle for each qualifying dependent child.

S.D. Admin. R. 67:12:05:76

20 SDR 196, effective 5/23/1994.

General Authority: SDCL 28-7-2.

Law Implemented: SDCL 28-7-1.