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Resource (Asset) Test - SNAP (Food Stamps)

As part of determining financial eligibility for the Supplemental Nutrition Assistance Program (SNAP, formerly Food Stamp Program), non-categorically eligible households must pass an asset test. For households with an elderly or disabled (effective FY 2003) member, countable assets cannot exceed $3,250 and for most other households, countable assets cannot exceed $2,000.

NOTE: On June 18, 2008, Congress enacted Public Law 110-246, The Food, Conservation and Energy Act of 2008 (FCEA). Section 4100 includes a provision that renames the Food Stamp Program the "Supplemental Nutrition Assistance Program" or SNAP and renames the Food Stamp Act of 1977 the Food and Nutrition Act of 2008, effective October 1, 2008. State agencies may continue to use state-specific program names.

Additionally, Section 4104(a) contains a provision that adjusts the current food stamp asset limits ($2,000 for most households and $3,000 for households with elderly or disabled members) by indexing the limits to inflation, rounded down to the nearest $250. Each adjustment is based on the unrounded amount for the prior 12-month period. This provision takes effect on October 1, 2008.

The assets of TANF and/or SSI (Federal) recipients are not counted when determining if a household meets the asset test.

Delaware, at one time, did not conduct an asset test for any household. See the topic "Resource Test Exception (Delaware) - Food Stamps " for further information. Normal resource tests and limits currently apply in Delaware.

SNAP (Food Stamp) households in Connecticut which contain a member who receives TANF benefits are eligible for several special provisions, among them a higher resource limit of $3,000.

Households may not transfer assets in order to become eligible or remain eligible for food stamp benefits.

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