Tennessee Statutes
§ 71-3-903 — Self-employment profits not counted against public assistance benefits
Tennessee·Title 71
Low-income entrepreneurs will be allowed to escrow profits from their business enterprise that are not reinvested into their business into an account, which will be placed in a micro-lending intermediary program and not be counted against their public assistance benefits until they accumulate five thousand dollars ($5,000) for the period they are eligible for the temporary assistance for needy families (TANF) or successor program. Under this provision, participating entrepreneurs, who are otherwise eligible for TANF, or successor program, will not have their benefits reduced and will not lose the supplemental benefits extended to them as TANF, or successor program, recipients for the life of the escrow account as defined in this section. Participants must notify the department of human ser
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Tennessee § 71-3-903 (Self-employment profits not counted against public assistance benefits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1996, ch. 886, § 3.
Nearby Sections
15
§ 71-1-101
Short title§ 71-1-102
Part definitions§ 71-1-103
Department created§ 71-1-105
Powers and duties§ 71-1-107
Duties of commissioner§ 71-1-108
Authority over personnel§ 71-1-109
Legal assistance - Property - Rules§ 71-1-111
Hearings - Evidence§ 71-1-113
Expenditure of funds§ 71-1-115
Conditions imposed on local governments