Current through Reg. 49, No. 45; November 8, 2024
Section 358.348 - Exclusion of a Home(a) The Texas Health and Human Services Commission follows RSA 416.1212 regarding the treatment of a home, except HHSC does not count the equity value of a home that is the principal place of residence of an applicant or recipient or the applicant's or recipient's spouse: (1) if the home is in Texas, and the applicant or recipient occupies or intends to return to the home; or(2) if the home meets the criteria in § RSA 358.415(b) of this subchapter (relating to Calculation of the Spousal Protected Resource Amount).(b) For a person or couple living in an institutional setting, if the person or couple transfers ownership of the home for less than market value while the home is excluded, the transfer automatically nullifies the exclusion.1 Tex. Admin. Code § 358.348
The provisions of this §358.348 adopted to be effective September 1, 2009, 34 TexReg 5497