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Final Rule: FSP Anticipating Income and Reporting Changes

Publication Date
Resource type
Final Rule
Resource Materials

This rule finalizes provisions of a proposed rulemaking published Dec. 17, 1996. It revises the current requirement that households report a change of more than $25 in monthly gross income by increasing the reporting threshold for unearned income to $50 and by allowing state agencies two options for reporting requirements for changes in the amount of earned income. The rule also provides state agencies with the option of establishing a quarterly reporting system for all nonexempt households. The rule also includes a technical amendment addressing procedures for the handling of certain recurring income in a retrospective budgeting system.

06/03/2003