Plain English Breakdown
The effective date is missing from the provided metadata and bill excerpt.
Exempting Child Income from Rental Assistance Calculations
This law changes how officials count family money by excluding up to $100,000 earned by a child under age 24 living with their parent when deciding if the parent can get rental assistance.
What This Bill Does
- It allows parents to leave out up to $100,000 of income earned by children under age 24 who live with them from the parent's gross income calculation.
- It directs the Commissioner of Housing to make this change in how they calculate eligibility for the rental assistance program.
Who It Names or Affects
- Parents applying for rental assistance
- Children under age 24 who live with their parents and earn money
Limits and Unknowns
- The official text does not state the exact date this rule will start working.
- The bill mentions changing appropriations but does not explain how funding rules change in detail.