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4 changes: 4 additions & 0 deletions changelog_entry.yaml
Original file line number Diff line number Diff line change
@@ -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.
Original file line number Diff line number Diff line change
Expand Up @@ -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"]