Sec. 1. (a) After June 30, 2016, all rights, duties, or obligations established under IC 20-27-14 before its repeal are considered rights, duties, or obligations under this chapter.
(b) Any money in the science, technology, engineering, and mathematics teacher recruitment fund under IC 20-27-14-3 (before its repeal) on June 30, 2016, is considered money of the fund established under section 3 of this chapter.