461-145-0250 Effective 07/01/23
Income-Producing Property; Not OSIPM or QMB
- In all programs except the REF, REFM, and TANF programs, income from income producing property (see OAR 461-001-0000) is counted as follows:
- If a member of the financial group (see OAR 461-110-0530) actively manages the property 20 hours or more per week, the income is treated in the same manner as self-employment income (see OAR 461-145-0910, 461-145-0920, and 461-145-0930).
- If a member of the financial group does not actively manage the property 20 hours or more per week, the income is counted as unearned income with exclusions allowed only in accordance with OAR 461-145-0920. In the SNAP program, if the financial group owns more than one property, the exclusions for one property may not be used to offset income from a different property.
- In the REF, REFM, and TANF programs, income from income producing property is treated in the same manner as self-employment income (see OAR 461-145-0910, 461-145-0920, and 461-145-0930)
- The equity value (see OAR 461-001-0000) of income-producing property is treated as follows:
- In the EA program, it is excluded.
- In the SNAP program, it is counted as a resource except to the extent described in each of the following situations:
- If the property produces an annual countable (see OAR 461-001-0000) income similar to other properties in the community with comparable market value, the equity value of the property is excluded.
- The property is excluded under OAR 461-145-0600.
- The equity value of income-producing livestock, poultry, and other animals is excluded.
- If selling the resource would produce a net gain to the financial group of less than $1,500, the equity value is excluded.
- In the REF, REFM, and TANF programs, it is counted as a resource.
Statutory/Other Authority: ORS 409.050, 411.060, 411.070, 411.083, 411.400, 411.404, 411.816, 412.049, 413.085, 414.619
Statutes/Other Implemented: ORS 409.010, 409.050, 411.060, 411.070, 411.083, 411.400, 411.404, 411.816, 412.049, 413.085, 414.619