1. Assets as income for categorical eligibility for the supplemental nutrition assistance program
“(4) Availability of assistance—Assistance”
“(3) General assistance programs—Except”
“(2) Categorical eligibility
“(A) In general—Subject to subparagraph (B), and notwithstanding”
“(B) Consideration of assets
“(i) Definition of nonincome asset—In this subparagraph, the term “nonincome asset” means available cash (including in a savings account or checking account), a stock, a savings bond, a mutual fund, a pension fund, and a real estate holding (other than a primary home).
“(ii) Consideration of assets—A household described in subparagraph (A) shall not be eligible to participate in the supplemental nutrition assistance program if the total nonincome assets of the household are valued at not less than—
“(I) $2,250; or
“(II) in the case of a household that includes an elderly or disabled member, $3,500.”
“(a) In general
“(1) Eligible households—Participation”