67:12:05:29.02Treatment of loans.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
- Article 67:12 Assistance PaymentsEffective
- Assistance Payments - Article 67:12Effective
A loan obtained in good faith and expected to be paid back is considered an allowable deduction for the purposes of determining available earned income.
Source: 14 SDR 140, effective May 1, 1988; 17 SDR 200, effective July 1, 1991; 52 SDR 55, effective December 2, 2025.
General Authority
- SDCL 28-6-1 ↗Amended by HB1239 (2020) — require the costs of nursing homes to be rebased every five years for purposes oAmended by HB1229 (2019) — require optional services through Medicaid to be authorized through special apprAmended by SB30 (2019) — remove certain unnecessary federal references and dates from certain provisions
Law Implemented
- SDCL 28-6-1 ↗Amended by HB1239 (2020) — require the costs of nursing homes to be rebased every five years for purposes oAmended by HB1229 (2019) — require optional services through Medicaid to be authorized through special apprAmended by SB30 (2019) — remove certain unnecessary federal references and dates from certain provisions