752-4          CASH ON HAND AND OTHER LIQUID RESOURCES

All cash on hand and other liquid resources (such as stocks and bonds and other items readily convertible to cash) which belong to the dependent child and/or their legal or adoptive parent residing with them, and which are not otherwise exempt, will be counted against the resources limit. Cash on-hand or on deposit will be counted against the limit and all other liquid property will be counted against the limit. (See ATAPAlaska Temporary Assistance Program MS 751-8.)

Note:

Under the new Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 federal tax returns received after December 31, 2009, are exempt as both income and resources for ATAPAlaska Temporary Assistance Program for 12 months after receipt.