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California Code, Welfare and Institutions Code - WIC § 18997.55

Current as of January 01, 2025 | Updated by Findlaw Staff

On or before February 1, 2024, the board shall submit a report to the Department of Finance and the Legislature, pursuant to Section 9795 of the Government Code, that includes, at a minimum, recommendations of the board on all of the following:

(a) A detailed plan for implementing the program and establishing and maintaining HOPE trust accounts for an eligible child or eligible youth that maximizes their participation and their autonomous wealth-building capacity.

(b) The anticipated number of HOPE trust accounts to be opened and initial deposit amounts.

(c) A description of the efforts to be used to solicit philanthropic or nonstate moneys to support the program.

(d) Further statutory and budget allocations.

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Cite this article: FindLaw.com - California Code, Welfare and Institutions Code - WIC § 18997.55 - last updated January 01, 2025 | https://codes.findlaw.com/ca/welfare-and-institutions-code/wic-sect-18997-55/

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