US Laws, Codes, Statutes & Cases

     256J.65 The self-employment investment demonstration 
  program (SEID). 

    (a) A caregiver who enrolls and participates in the SEID 
 program as specified in section 268.95, may, at county option, 
 be exempted from other employment and training participation 
 requirements for a period of up to 24 months, except for the 
 school attendance requirements as specified in section 256J.54.  

    (b) The following income and resource considerations apply 
 to SEID participants:  

    (1) an unencumbered cash reserve fund, composed of proceeds 
 from a SEID business, is not counted against the grant if those 
 funds are reinvested in the business and the value of the 
 business does not exceed $3,000.  The value of the business is 
 determined by deducting outstanding encumbrances from retained 
 business profit; and 

    (2) the purchase of capital equipment and durable goods of 
 an amount up to $3,000 during a 24-month project period is 
 allowed as a business expense. 

    (c) SEID participants with a county-approved employment 
 plan are also eligible for employment and training services, 
 including child care and transportation. 

    HIST: 1997 c 85 art 1 s 52 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.