Section 400.7003. Definitions; E, F.

Rule 3. As used in these rules:

(a)   "Earned income"   means  cash  that  is  received  by  a  person   for activities he or she engages in as a self-employed person or as  an employee, from renting property, or from providing room and board.

(b)     "Electricity  fiscal year  cap"  means  the   maximum  amount   that       may      be approved for electricity during a fiscal year.

(c)    "Electricity required payment amount" means the amount that a SER group must have paid toward its household electric obligation during each month of the 6- month period before the month in which  the  SER group applies for energy assistance as a condition of  eligibility for  emergency relief for energy.

(d)    "Emergency"  means  a   situation  in  which  immediate  action  is   necessary  to prevent serious harm or hardship.

(e)   "Emergency relief" means relief that is paid under the SER program.

(f)    "Equity" means the current market value of an asset minus any liens and indebtedness on the asset and minus the reasonable expenses that are necessary to liquidate the asset.

(g)         "Federally funded home repairs  allowance"  means  the  maximum cumulative amount that may be approved during the lifetime of the client for energy- related home repairs that are wholly funded with federal funds.

History: 1993 AACS; 2015 AACS.