AN ACT EXEMPTING THE INCOME EARNED BY A CHILD OF AN APPLICANT FROM THE CALCULATION OF GROSS INCOME IN CONSIDERATION FOR PARTICIPATION IN THE RENTAL ASSISTANCE PROGRAM.

HB 6941 exempts income earned by a child living with an applicant from being counted toward the household's gross income when determining eligibility for the state's rental assistance program. The bill directly affects low-income families with working children who reside with them, as it removes the child's earnings (up to $100,000 annually) from the income calculation. Key provisions require the housing commissioner to adopt regulations that exclude such income until the child turns 24. This change simplifies income calculations for families with working children, making it easier for them to qualify for rental assistance without penalizing their children's earnings. The exemption takes effect July 1, 2025.