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256J.65 SELF-EMPLOYMENT INVESTMENT DEMONSTRATION PROGRAM.
(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.
History: 1997 c 85 art 1 s 52

Official Publication of the State of Minnesota
Revisor of Statutes