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Owning A Car May Now Disqualify You From Getting Foodstamps

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In Michigan, if you have $5,000 in liquid assets or a car or truck worth more than $15,000, you’re probably out of luck under new rules launched this month.

Earlier this month, the state of Michigan began asking residents about their assets — homes, cars, stocks, bonds, even lottery winnings — in addition to income when they receive benefits from the Supplemental Nutrition Assistance Program, the formal name for food stamps.

The decision to ask about assets rests with the states. Arizona, Texas and Indiana are among the states that ask. Oregon, Oklahoma and New York are among those that don’t, USA TODAY research showed.

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3 Comment

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