(a) The Governor shall provide sufficient funds in the budget to ensure that the value of the maximum monthly allowable assistance under the Program is equal to at least:
- (1) for fiscal year 2020, $215;
- (2) for fiscal year 2021, 74% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2021;
- (3) for fiscal year 2022, 78% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2022;
- (4) for fiscal year 2023, 82% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2023;
- (5) for fiscal year 2024, 86% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2024;
- (6) for fiscal year 2025, 90% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2025;
- (7) for fiscal year 2026, 94% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program in fiscal year 2026; and
- (8) for fiscal year 2027 and each year thereafter, 100% of the monthly allowable benefit for a one-person household receiving temporary cash assistance through the Family Investment Program for that fiscal year.
- (b) Assistance shall be paid to the applicant monthly.
Added by Acts 2018, c. 408, § 1, eff. Oct. 1, 2018.