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LAWRENCE J. HOGAN, JR., Governor Ch. 525

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1. THE INDIVIDUAL EITHER FAILS TO COMPLETE THE FULL APPLICATION WITHIN 15 DAYS OR IS FOUND INELIGIBLE FOR A SUBSIDY UNDER THE PROGRAM AND THE TIME PERIOD DESCRIBED UNDER PARAGRAPH (3) OF THIS SUBSECTION LAPSES; OR

2. THE INDIVIDUAL IS FOUND ELIGIBLE TO PARTICIPATE IN THE PROGRAM.

(VII) FOR FISCAL YEAR 2024 AND EACH FISCAL YEAR THEREAFTER, THE GOVERNOR SHALL INCLUDE IN THE ANNUAL BUDGET BILL AN APPROPRIATION TO THE FUND AT LEAST EQUAL TO THE AMOUNT RECOMMENDED BY THE DEPARTMENT IN THE STUDY CONDUCTED IN ACCORDANCE WITH SECTION 3 OF CHAPTER _____ (S.B. 920/H.B. 995) OF THE ACTS OF THE GENERAL ASSEMBLY OF 2022 THAT IS NECESSARY TO PROVIDE PAYMENT OF THE SUBSIDY AMOUNT FOR WHICH AN INDIVIDUAL WHO IS PRESUMPTIVELY ELIGIBLE QUALIFIES.

(VIII) IF AN INDIVIDUAL IS FOUND ELIGIBLE TO PARTICIPATE IN THE PROGRAM, FEDERAL AND MATCHING STATE FUNDS AVAILABLE UNDER THE FEDERAL CHILD CARE DEVELOPMENT FUND SHALL BE USED TO REIMBURSE THE FUND FOR ANY EXPENDITURES MADE IN ACCORDANCE WITH SUBPARAGRAPH (VI) OF THIS PARAGRAPH.

(IX) 1. THE STATE TREASURER SHALL INVEST THE MONEY OF THE FUND IN THE SAME MANNER AS OTHER STATE MONEY MAY BE INVESTED.

2. ANY INTEREST EARNINGS OF THE FUND SHALL BE CREDITED TO THE GENERAL FUND OF THE STATE.

[(c)] (D) The Department shall award a subsidy under the Program in an amount sufficient to ensure that an individual will not be required to pay a copay for child care if the individual provides proof, as determined by the Department, of:

(1) Participation in one of the following programs: