1998 Session

Budget Amendments - HB30 (Conference Report)

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Study of Incentives to Save & Work (language only)

Item 397 #5c

Item 397 #5c

Health And Human Resources
Social Services, Department of

Page 238, after line 36, insert:
"G. The Department of Social Services, in cooperation with local departments of social services, shall study methods for improving incentives for participants in the Virginia Initiative for Employment not Welfare (VIEW) and other recipients of benefits through the Temporary Assistance to Needy Families (TANF) block grant to continue to work and save after their two-year benefit period has expired.  The study shall include, but not be limited to,  assessing
the feasibility of requiring direct deposit of welfare benefits, (2) the feasibility and benefits of creating economic literacy programs through local social services offices, (3) the creation of programs to encourage banks in the Commonwealth to offer special accounts without service charges for TANF recipients and to cash state benefit checks, and (4) other incentives."

(This amendment requires a study of incentives for assisting welfare recipients in preparing financially for the termination of their benefits.)