WAG 07-01-01: Asset Limits

PM 07-01-01

Verify and document the total equity value of all nonexempt assets.

For TANF Cash cases, enter the equity value of all nonexempt assets in Item 91 of Form 552. See WAG 27-91-01-a for a complete description of the Item 91 asset codes. The amounts entered in Item 91 are centrally totaled and compared to the asset limit. If nonexempt assets exceed the asset limit, the case is centrally canceled. Form 157C is centrally sent.

Revise Item 91 whenever assets change.