TITLE 470 DIVISION OF FAMILY RESOURCES

Economic Impact Statement

LSA Document #07-87

IC 4-22-2.1-5 requires an agency to submit to the Indiana Economic Development Corporation (IEDC) a statement of economic impact of any proposed rule with an economic impact on small businesses. The IEDC is required to review the rule and submit written comments to the agency not later than seven days before the public hearing.

The Division of Family Resources (DFR) has reviewed the proposed rule to determine the economic impact of the rule on small businesses, and, based on the information available at the time of rule promulgation, the proposed rule does not impose requirements or costs on small businesses.

The primary goals of the proposed Temporary Assistance for Needy Families (TANF) rule are 1) to consolidate existing scattered regulations and codify them into one unified rule; and 2) to make minor changes to eligibility requirements in order to ensure that Indiana meets the stricter TANF work participation criteria set forth by the Department of Health and Human Services (HHS) under the TANF Interim Final Rule, which went into effect October 1, 2006.

The small business potentially affected by the rule would be Indiana Manpower and Comprehensive Training (IMPACT) vendors. During SFY 2006, there were approximately 41 contracted IMPACT vendors providing employment and training services to TANF recipients. The proposed rule would not impose any additional requirements or cost on these vendors. The rule could, however, potentially benefit them and other small business that might employ TANF recipients.

There is no alternative method to achieving the purpose of the rule.

DIN: 20070613-IR-470070087EIA

Composed: May 07,2024 1:13:16AM EDT

A PDF version of this document.