Section 12-14-2-5 - [Effective 7/1/2024] Amount of need recognized and payment made; maximum amounts(a) Except as provided in section 5.1 of this chapter and subject to the adjustment described in subsection (b), the following apply to the payment made under this chapter: (1) The total payment made for a dependent child, other than for medical expenses, or a woman described in IC 12-14-1-1(f), for a calendar month may not exceed two hundred forty-eight dollars ($248).(2) The total payment made to the person essential to the well-being of the dependent child, other than for medical expenses, for a calendar month may not exceed two hundred forty-eight dollars ($248).(3) The total payment made to one (1) dependent child and to the person essential to the well-being of the dependent child, other than for medical expenses, for a calendar month may not exceed four hundred nine dollars ($409).(4) If there is more than one (1) dependent child in the same home, the total payment made, other than for medical expenses, for a calendar month may not exceed one hundred four dollars ($104) for each additional child and, if the second parent of the child is incapacitated and is living in the home, the payment made may not exceed one hundred four dollars ($104) for the benefit of the incapacitated parent.(b) The office of the secretary shall calculate and report to the legislative council, by December 1 of every even-numbered year, the amounts that would result if the amounts described under this section were adjusted each year using the Social Security cost of living adjustment rate.Pre-1992 Revision Citation: 12-1-7-3(b).
Amended by P.L. 103-2023,SEC. 12, eff. 7/1/2024.As added by P.L. 2-1992, SEC.8. Amended by P.L. 46-1995, SEC.12.This section is set out more than once due to postponed, multiple, or conflicting amendments.