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§ 1408. —  Resources exemption.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 25USC1408]

 
                            TITLE 25--INDIANS
 
               CHAPTER 16--DISTRIBUTION OF JUDGMENT FUNDS
 
Sec. 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, Sec. 8, as added Pub. L. 97-458, Sec. 4, Jan. 12, 1983, 
96 Stat. 2514; amended Pub. L. 103-66, title XIII, Sec. 13736(a), Aug. 
10, 1993, 107 Stat. 663.)

                       References in Text

    The Social Security Act, referred to in text, is act Aug. 14, 1935, 
ch. 531, 49 Stat. 620, as amended, which is classified generally to 
chapter 7 (Sec. 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''.


                    Effective Date of 1993 Amendment

    Section 13736(b) of Pub. L. 103-66 provided that: ``The amendment 
made by this section [amending this section] shall take effect on 
January 1, 1994.''



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