SNAP Asset Test – Maine

Maine plans to deny food stamps when applicant’s assets top $5,000, By Noel K. Gallagher and Joe Lawlor, September 16, 2015, Portland Press Herald: “The LePage administration on Wednesday announced a new ‘asset test’ that would make people ineligible for food stamps if they have more than $5,000 in the bank or own certain other items worth more than that amount, such as a snowmobile, boat, motorcycle or ATV. Critics of the rule change say the asset test creates a disincentive for low-income people to save money…”