The following message comes directly from USDA regarding how states cannot count the stimulus rebate as an asset for three months.
“The Food Stamp Program will exclude these rebate checks from income when determining eligibility, determining allotments, and for all other purposes. This policy will be the case for all households in all States.
Since the rebate amounts are excluded as a resource for the month of receipt and for the next two months, any household that receives a rebate and deposits it into an account (with or without other funds) would have the value of that account reduced by the amount of the rebate for the three-month period. If the rebate is held as cash, it would not be counted.
This policy applies to all applicant households as well as any household that reports a change in resource level.”
Please contact Tikki Brown with any questions regarding Food Support at Tikki.Brown@state.mn.us.