AN ACT EXEMPTING INCOME OF UP TO ONE HUNDRED THOUSAND DOLLARS EARNED BY A CHILD UNDER THE AGE OF TWENTY-FOUR FROM INCLUSION IN THE PARENT'S GROSS INCOME FOR DETERMINATION OF THE PARENT'S ELIGIBILITY TO PARTICIPATE IN THE RENTAL ASSISTANCE PROGRAM.

Summary

The bill changes state law so that a parent’s gross income for the Rental Assistance Program does not include up to $100,000 earned by a child under 24 who lives with the parent. It applies to any household where a qualifying child’s earnings would otherwise push the parent above the program’s income limits. The change aims to make more families eligible for rental assistance by ignoring a child’s substantial earnings.

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