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56.740 Displacement payments not to be considered income.

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56.740 Displacement payments not to be considered income. No payment received by a displaced person under KRS 56.620 shall be considered as <br>income or resources for the purpose of determining the eligibility or extent of eligibility <br>of any person for assistance under any state law or for the purposes of the state's personal <br>income tax law, corporation tax law, or other state tax laws. Such payments shall not be <br>considered as income or resources of any recipient of public assistance and such <br>payments shall not be deducted from the amount of aid to which the recipient would <br>otherwise be entitled. Effective: July 15, 1988 <br>History: Amended 1988 Ky. Acts ch. 206, sec. 4, effective July 15, 1988. -- Amended 1978 Ky. Acts ch. 384, sec. 550, effective June 17, 1978. -- Created 1972 Ky. Acts <br>ch. 195, sec. 14.