ACL 13-111: CalWORKs Program: Changes In The Treatment Of Motor Vehicles (12/31/13)

Posted on by

Another New Year’s present, this is the ACL implementing the new car resource rules:

  • The first $9,500 of car equity value is now exempt.
  • Clients can self-certify the amount of encumbrances, and the vehicle’s fair market value.
  • The $9,500 equity threshold will be adjusted upward annually for any increase in the Transportation Consumer Price Index (CPI)
  • Any vehicle transferred to the client as a gift, donation, or family transfer, as defined by the DMV, will not count against the family’s maximum resource limit.

[Download]