0001| HOUSE BILL 473 | 0002| 43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998 | 0003| INTRODUCED BY | 0004| EARLENE ROBERTS | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO WORK INCENTIVE DEDUCTIONS AND EARNED INCOME | 0012| DISREGARDS, INDIVIDUAL DEVELOPMENT ACCOUNTS, MICRO BUSINESS | 0013| LOANS AND OTHER ENTREPRENEURSHIP OPPORTUNITIES; DECLARING AN | 0014| EMERGENCY. | 0015| | 0016| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0017| Section 1. A new section of the Public Assistance Act is | 0018| enacted to read: | 0019| "[NEW MATERIAL] WORK INCENTIVE DEDUCTIONS AND EARNED | 0020| INCOME DISREGARDS.--The work incentive and earned income | 0021| disregards program shall include an outreach campaign to | 0022| encourage recipients to seek gainful employment or self- | 0023| employment and to promote the state's policy of requiring work | 0024| for those in need of public assistance for any person whose | 0025| benefit group includes at least one dependent child. The |
- 1 -
0001| human services department shall deduct and disregard the | 0002| following earned income and expenses from the person's | 0003| countable income in determining need: | 0004| A. an amount, to be called the "work incentive | 0005| deduction", equal to the first thirty dollars ($30.00) of the | 0006| total of such earned income not otherwise disregarded plus | 0007| one-third of the remainder thereof; | 0008| B. the work incentive deduction shall be allowed | 0009| in each month that the benefit group has earned income that | 0010| does not exceed one hundred percent of the federal poverty | 0011| level; | 0012| C. the work incentive deduction shall be applied | 0013| to the gross monthly income after the work-related expense | 0014| deduction and before the child-care deduction are subtracted; | 0015| D. the work-related expense deduction shall be | 0016| ninety dollars ($90.00) per month; and | 0017| E. the child-care deduction shall not exceed | 0018| normal and customary community daycare costs and will be | 0019| determined, periodically, not to exceed three years, by the | 0020| children, youth and families department. | 0021| Section 2. EMERGENCY.--It is necessary for the public | 0022| peace, health and safety that this act take effect | 0023| immediately. | 0024|  |