Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.

     Sec. 1. (a) After the investigation under IC 12-14-1-6, the county office shall decide the following:

Terms Used In Indiana Code 12-14-2-1

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(1) Whether the child is eligible for assistance under this article.

(2) The amount of assistance.

(3) The date assistance begins.

     (b) The county office may not consider:

(1) money in an individual development account under IC 4-4-28 that belongs to the child or a member of the child’s family;

(2) the value of the real property that is the child’s primary residence;

(3) twenty thousand dollars ($20,000) of total equity value (as defined in 470 IAC 10.3-4-2) in motor vehicles that belong to one (1) or more members of the child’s family;

(4) a Holocaust victim’s settlement payment received by the child or a member of the child’s family; or

(5) money earned by the child or a member of the child’s family as a student participating in:

(A) a paid internship;

(B) a work based learning course (as defined in IC 20-43-8-0.7); or

(C) paid postsecondary work experience that allows the individual to apply for a related apprenticeship (as defined by IC 20-43-8-0.3);

when determining whether the individual is eligible for assistance under this article.

[Pre-1992 Revision Citation: 12-1-7-1 part.]

As added by P.L.2-1992, SEC.8. Amended by P.L.4-1993, SEC.66; P.L.5-1993, SEC.79; P.L.15-1997, SEC.3; P.L.126-1998, SEC.1; P.L.128-1999, SEC.9; P.L.14-2020, SEC.3; P.L.168-2021, SEC.2; P.L.83-2022, SEC.3.