Revised Code of Washington - RCW Title 43 State Government -- Executive - Section 43.31.450 SEED act -- Findings -- Purpose

§ 43.31.450. SEED act -- Findings -- Purpose

The legislature finds that economic well-being encompasses not only income, spending, and consumption, but also savings, investment, and asset-building. The building of assets, in particular, can improve individuals' economic independence and stability. The legislature further finds that it is appropriate for the state to institute an asset-based strategy to assist low-income families. It is the purpose of chapter 402, Laws of 2005 to promote job training, home ownership, and business development among low-income individuals and to provide assistance in meeting the financial goals of low-income individuals.

[2005 c 402 § 2.]

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Last modified: April 7, 2009