RCW 43.31.465
SEED act—Foster youth individual development account program.
(1) A foster youth individual development account program is hereby established within the individual development account program established pursuant to RCW 43.31.460 for the purpose of facilitating the creation by sponsoring organizations of individual development accounts for foster youth.
(2) The department shall select sponsoring organizations to establish and monitor individual development accounts for foster youth from those entities with whom the department of social and health services contracts for independent living services for youth who are or have been dependents of the department of social and health services.
(3) An individual development account may be established by or on behalf of a foster youth to enable the individual to accumulate funds for the following purposes:
(a) The acquisition of postsecondary education or job training;
(b) Housing needs, including rent, security deposit, and utilities costs;
(c) The purchase of a computer if necessary for postsecondary education or job training;
(d) The purchase of a car if necessary for employment; and
(e) Payment of health insurance premiums.
(4) A foster youth participating in the program must contribute to an individual development account. The contributions may be derived from earned income or other income, as provided by the department. Other income shall include financial incentives for educational achievement provided by entities contracted with the department of social and health services for independent living services for youth who are or have been dependents of the department of social and health services.
[ 2005 c 402 § 5.]
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.