This is the description given for proposed new regulations that the Social Security Administration has sent to the Office of Management and Budget for approval:
We propose expanding the rental subsidy exception beyond the 7 states to which it already applies so that it applies nationwide. Accordingly, our nationwide policy would be that a business arrangement exists when the amount of monthly rent required to be paid equals or exceeds the presumed maximum value or the current market value, whichever is less. We expect that the proposed change would improve service delivery by making our policy uniform throughout the country and reducing administrative burdens for individuals seeking access to the Supplemental Security Income (SSI) program.
I'm not familiar with this. Could someone explain it? Why is it only in seven states now? How has it worked in those seven states?
The only thing available to the public now is this brief description.
At the rate that proposed regulations have been advancing, it will be two years or more before this could become a final rule and that's assuming there's no change in the party controlling the White House after next year's election