(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.
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