Pub. L. 104-193, tit. VIII, subtit. A, sec. 812 (as amended)

SIMPLIFIED CALCULATION OF INCOME FOR THE SELF-EMPLOYED.

Year: 2024Length: 179 wordsOfficial source
SEC. 812. SIMPLIFIED CALCULATION OF INCOME FOR THE SELF-EMPLOYED. Section 5 of the Food Stamp Act of 1977 (7 U.S.C. 2014), as amended by title I, is amended by adding at the end the following: “(m) Simplified Calculation of Income for the Self-Employed.— “(1) In general.—Not later than 1 year after the date of enactment of this subsection, the Secretary shall establish a procedure by which a State may submit a method, designed to not increase Federal costs, for the approval of the Secretary, that the Secretary determines will produce a reasonable estimate of income excluded under subsection (d)(9) in lieu of calculating the actual cost of producing self-employment income. “(2) Inclusive of all types of income or limited types of income.—The method submitted by a State under paragraph (1) may allow a State to estimate income for all types of self-employment income or may be limited to 1 or more types of self-employment income. “(3) Differences for different types of income.—The method submitted by a State under paragraph (1) may differ for different types of self-employment income.” .
Pub. L. 104-193, tit. VIII, subtit. A, sec. 812 (as amended): SIMPLIFIED CALCULATION OF INCOME FOR THE SELF-EMPLOYED. | Justis AI