20 CFR 416.1218
§ 416.1218 Exclusion of the automobile.
United States · 20 CFR — Employees' Benefits · Status: effective
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- Citation
- 20 CFR 416.1218, § 416.1218 Exclusion of the automobile, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/79593
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Full text
(a) Automobile; defined. As used in this section, the term automobile includes, in addition to passenger cars, other vehicles used to provide necessary transportation.
(b) Limitation on automobiles. In determining the resources of an individual (and spouse, if any), automobiles are excluded or counted as follows:
(1) Total exclusion. One automobile is totally excluded regardless of value if it is used for transportation for the individual or a member of the individual's household.
(2) Other automobiles. Any other automobiles are considered to be nonliquid resources. Your equity in the other automobiles is counted as a resource. (See § 416.1201(c).)
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.