§1408. Resources exemption
Interests of individual Indians in trust or restricted lands shall not be considered a resource, and up to $2,000 per year of income received by individual Indians that is derived from such interests shall not be considered income, in determining eligibility for assistance under the Social Security Act [42 U.S.C. 301 et seq.] or any other Federal or federally assisted program.
(Pub. L. 93–134, §8, as added
Pub. L. 97–458, §4, Jan. 12, 1983, 96 Stat. 2514
; amended
Pub. L. 103–66, title XIII, §13736(a), Aug. 10, 1993, 107 Stat. 663
.)
Editorial Notes
References in Text
The Social Security Act, referred to in text, is act Aug. 14, 1935, ch. 531, 49 Stat. 620
, which is classified generally to chapter 7 (§301 et seq.) of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables.
Amendments
1993-Pub. L. 103–66 inserted ", and up to $2,000 per year of income received by individual Indians that is derived from such interests shall not be considered income," after "resource".
Statutory Notes and Related Subsidiaries
Effective Date of 1993 Amendment
Pub. L. 103–66, title XIII, §13736(b), Aug. 10, 1993, 107 Stat. 663
, provided that: "The amendment made by this section [amending this section] shall take effect on January 1, 1994."