2001 Poverty Guidelines And Reduced Permit Fee Application (Page 2 of 2) in pdf

2001 Poverty Guidelines And Reduced Permit Fee Application Page 2

Asset Limits: To qualify for the reduced fee, your assets (except the excluded assets listed below) cannot exceed $2,000.00 or

($3,000.00 if you are age 60 or older). This means the total amount of assets combined in your savings accounts, checking

accounts, money market funds, etc., may not be greater than $2,000.00. Most funds held in IRA's and Keogh plans are included

as assets. If your assets exceed the limit, you will not be qualified for the reduced fee and should not send in this application. You

must pay the full fee. If you believe you are qualified for the reduced fee, you must send in your entire 2000 income tax return.

CFEC staff will review your tax return to determine eligibility for the reduced fee.

The following assets may be excluded from reduced fee qualifications:

The home and surrounding property

Household goods, personal effects

Licensed vehicles

Income producing property

Self Employment property and tools of trade

Land that requires BIA approval to sell

Payments under the Alaska Native Claims Settlement Act

2001 Poverty Guidelines And Reduced Permit Fee Application Page 2