MN SF3736

Revises self-employment income calculation for cash assistance eligibility to reference section 256P.05, subdivision 2, instead of the previous "gross receipts less operating expenses" method, effective May 1, 2021.

Establishes five new categories of fraudulent self-employment income concealment as criminal theft offenses, including transferring funds between accounts, submitting inconsistent tax forms, submitting inaccurate business records, using business accounts for non-business expenses, and other methods that conceal self-employment income or assets.

Adds business accounts used to pay expenses not related to the business to the definition of personal property that counts toward the $10,000 asset limit for cash assistance program eligibility.

Requires agencies to verify checking and savings accounts, including business accounts used to pay non-business expenses, during the assistance application process.

Clarifies that self-employment income determinations must use either one-half of gross earnings or taxable income from the most recent Internal Revenue Service tax form filed, with a 12-month average for monthly income budgeting.