diff --git a/changelog_entry.yaml b/changelog_entry.yaml index e69de29bb2d..a1e9aee1a97 100644 --- a/changelog_entry.yaml +++ b/changelog_entry.yaml @@ -0,0 +1,4 @@ +- bump: minor + changes: + added: + - Connect SNAP asset test to SIPP-imputed liquid assets (bank accounts, stocks, bonds) so the resource limit binds in microsimulation. diff --git a/policyengine_us/variables/gov/usda/snap/eligibility/snap_assets.py b/policyengine_us/variables/gov/usda/snap/eligibility/snap_assets.py index 4462debdfaf..1de3a7bd921 100644 --- a/policyengine_us/variables/gov/usda/snap/eligibility/snap_assets.py +++ b/policyengine_us/variables/gov/usda/snap/eligibility/snap_assets.py @@ -5,6 +5,14 @@ class snap_assets(Variable): value_type = float entity = SPMUnit definition_period = YEAR - documentation = "Countable assets for SNAP limits" + documentation = ( + "Countable liquid assets for SNAP resource limits. " + "Includes bank accounts, stocks, and bonds per " + "7 USC 2014(g). Excludes retirement accounts, " + "education savings, and vehicles." + ) label = "SNAP assets" unit = USD + reference = ("https://www.law.cornell.edu/uscode/text/7/2014#g",) + + adds = ["spm_unit_cash_assets"]