HB 1481 - DIGEST

(SUBSTITUTED FOR - SEE 4TH SUB)

     Changes provisions relating to recipients of aid to families with dependent children.

     Requires recipients of aid to families with dependent children to enter into a contract with the state specifying the rights and responsibilities of each party.

     Prohibits an increase in the grant amount for additional children conceived or born subsequent to the initial application.

     Limits the aid to a maximum of twenty-four monthly benefit payments in a sixty-month period.

     Revises provisions relating to returning caretakers to economic independence.

     Allows aid recipients to exempt savings accounts with combined balances of up to an additional two thousand five hundred dollars.