151. For the purpose of calculating a benefit, the percentage applicable to the total property value is 2%. Except for the property referred to in section 147, that percentage applies to the total property value exceeding $1,500 in the case of an independent adult or an adult who is a minor sheltered with her dependent child, or $2,500 in the case of another family or, despite the second paragraph of section 3.1, an adult with a spouse who is a recipient under the Basic Income Program.
The total property value is determined taking into account section 177.92.
O.C. 1073-2006, s. 151; 1140-2022O.C. 1140-2022, s. 3311.