FROM: KIM EVANS, DIRECTOR
SUBJECT: COVID-19 ECONOMIC IMPACT PAYMENTS RESULTING FROM THE CONSOLIDATED APPROPRIATIONS ACT, 2021 FOR ALL INCOME MAINTENANCE (IM) PROGRAMS
MANUAL REVISION #
Economic Impact Payments (EIP), also known as Stimulus Payments, were approved as part of the Consolidated Appropriations Act, 2021 (CAA) which was signed into law on December 27, 2020. The CAA contains changes that affect the Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance (TA) Program, Child Care Subsidy (CC), and MO HealthNet (MHN) Programs.
Economic Impact Payments
U.S citizens and resident aliens will receive the EIP up to $600 for each individual and each qualifying child if:
- they are not a dependent of another taxpayer and
- have a work eligible Social Security number with Adjusted Gross Income (AGI) up to:
- $75,000 for individuals
- $112,500 for head of household filers and
- $150,000 for married couples filing joint returns
Reduced Payments: The amount of the reduced payment will be based upon the tax filers AGI. The EIP will be reduced by 5% of the amount by which their AGI exceeds the applicable threshold shown above up to certain maximums for each tax filing status.
Eligible retirees and recipients of Social Security, Railroad Retirement, Disability or Veterans’ benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.
Retirees who receive either Social Security Retirement or Railroad Retirement benefits will also receive payments automatically.
MO HealthNet Non-MAGI Programs, Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance (TA), and Child Care Subsidy (CC)
- Payments are excluded as income.
- Payments are excluded as a resource for the first 12 months from receipt.
NOTE: EIP payments reported in the month received will be entered as a resource. DO NOT enter as income in FAMIS. Any money left from the EIP 12 months after receipt will be counted as a resource.
Family MO HealthNet (MAGI) Programs
- Payments are excluded as income.
NOTE: Make a comment on the case of the amount received. The payment is not to be entered as income on the case.
- Example of note comment: Ms. Smith reported she received $600.00 from the EIP on 1/4/2021.
If the EIP is reported as income in the month received, enter it as a resource on the SELFRES (FMWB) screen. DO NOT ENTER AS INCOME ON SELINC (FMX2). The excluded amount should always equal the total EIP when entering for the same month it was received along with any other excluded balances for that month. Use Code CV in the Excl Rsn field for the Economic Impact Payment or CB if multiple exclusion reasons exist. Please use the Verification Matrix for acceptable verification codes.
If the balance of the EIP is reported the month after receipt exclude any remaining balance of the EIP in the accounts as CV following normal procedures in entering liquid resources.
Though the EIP amount authorized by the CAA is different, please refer to IM-35 COVID-19 ECONOMIC IMPACT PAYMENTS RESULTING FROM THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT FOR THE MO HEALTHNET, FOOD STAMP, TEMPORARY ASSISTANCE AND CHILD CARE SUBSIDY PROGRAMS for guidance to capture the EIP income as an excluded resource.
- Review this memorandum with appropriate staff.