[Code of Federal Regulations]

[Title 49, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR24.209]



[Page 241]

 

                        TITLE 49--TRANSPORTATION

 

          Subtitle A--Office of the Secretary of Transportation

 

PART 24_UNIFORM RELOCATION ASSISTANCE AND REAL PROPERTY ACQUISITION FOR 

FEDERAL AND FEDERALLY-ASSISTED PROGRAMS--Table of Contents

 

                Subpart C_General Relocation Requirements

 

Sec. 24.209  Relocation payments not considered as income.



    No relocation payment received by a displaced person under this part 

shall be considered as income for the purpose of the Internal Revenue 

Code of 1954, which has been redesignated as the Internal Revenue Code 

of 1986 (Title 26, U.S. Code), or for the purpose of determining the 

eligibility or the extent of eligibility of any person for assistance 

under the Social Security Act (42 U.S. Code 301 et seq.) or any other 

Federal law, except for any Federal law providing low-income housing 

assistance.