Proposed Regs on SSI Income And Resources

Social Security has published a Notice of Proposed Rule-Making (NPRM) in the Federal Register on Supplemental Security Income (SSI) income and resources. Here is Social Security's summary:

We propose to amend our Supplemental Security Income (SSI) regulations by making technical revisions to our rules on income and resources. Many of these revisions reflect legislative changes found in the Consolidated Appropriations Act of 2001, the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), an amendment to the National Flood Insurance Act of 1968, the Energy Employees Occupational Illness Compensation Program Act of 2000, and the Social Security Protection Act of 2004 (SSPA). We further propose to amend the SSI home exclusion rules to extend the home exclusion to individuals who, because of domestic abuse, leave a home that would otherwise be an excludable resource. Finally, we propose to update our "conditional- payment'' rule to eliminate the liquid resource requirement as a prerequisite to receiving conditional payments.

There was an unusual delay after this proposal was approved by President Bush's Office of Management and Budget (OMB). It is unclear whether Commissioner Astrue also ran this by the Obama transition. It is not controversial.