RCW 43.31.455
SEED act—Definitions.
The definitions in this section apply throughout RCW 43.31.450 through 43.31.475 unless the context clearly requires otherwise.
(1) "Department" means the department of commerce.
(2) "Director" means the director of the department of commerce.
(3) "Foster youth" means a person who is fifteen years of age or older who is a dependent of the department of social and health services; or a person who is at least fifteen years of age, but not more than twenty-three years of age, who was a dependent of the department of social and health services for at least twenty-four months after attaining thirteen years of age.
(4) "Individual development account" or "account" means an account established by contract between a low-income individual and a sponsoring organization for the benefit of the low-income individual and funded through periodic contributions by the low-income individual which are matched with contributions by or through the sponsoring organization.
(5) "Low-income individual" means a person whose household income is equal to or less than either:
(a) Eighty percent of the median family income, adjusted for household size, for the county or metropolitan statistical area where the person resides; or
(b) Two hundred percent of the federal poverty guidelines updated periodically in the federal register by the United States department of health and human services under the authority of 42 U.S.C. 9902(2).
(6) "Program" means the individual development account program established pursuant to RCW 43.31.450 through 43.31.475.
(7) "Sponsoring organization" means: (a) A nonprofit, fund-raising organization that is exempt from taxation under section 501(c)(3) of the internal revenue code as amended and in effect on January 1, 2005; (b) a housing authority established under RCW 35.82.030; or (c) a federally recognized Indian tribe.
[ 2009 c 565 § 28; 2005 c 402 § 3.]
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.31 - Department of Commerce.
43.31.0925 - Business assistance center—Minority and women business development office.
43.31.205 - Hanford reservation—Promotion of sublease for nuclear-related industry.
43.31.215 - Hanford reservation—Tri-Cities area—Emphasize workforce and facilities.
43.31.422 - Hanford area economic investment fund.
43.31.425 - Hanford area economic investment fund advisory committee.
43.31.428 - Hanford area economic investment fund committee—Powers.
43.31.450 - SEED act—Findings—Purpose.
43.31.455 - SEED act—Definitions.
43.31.460 - SEED act—Individual development account program—Rules.
43.31.465 - SEED act—Foster youth individual development account program.
43.31.470 - SEED act—Individual development account program account.
43.31.475 - SEED act—Additional funds and purposes.
43.31.480 - SEED act—Report to the legislature.
43.31.485 - SEED act—Short title—2005 c 402.
43.31.502 - Child care facility revolving fund—Purpose—Source of funds.
43.31.504 - Child care facility fund committee—Generally.
43.31.506 - Child care facility fund committee—Authority to award moneys from fund.
43.31.508 - Child care facility fund committee—Loans to child care facilities.
43.31.514 - Child care facility fund committee—Grants, repayment requirements.
43.31.545 - Recycled materials and products—Market development.
43.31.565 - Early learning facilities grant and loan program—Definitions.
43.31.575 - Early learning facilities grant and loan program—Eligible organizations—Requirements.
43.31.577 - Early learning facilities grant and loan program—Eligible activities.
43.31.583 - Early learning facilities grant and loan program—Report.
43.31.615 - Landlord mitigation program account.
43.31.625 - Industrial waste coordination program.
43.31.635 - Industrial symbiosis grant program.
43.31.859 - Rural development council—Successor organization—Funding.