Bill > HF54

This bill establishes a trust for foster children receiving Supplemental Security Income (SSI) benefits. It requires financially responsible agencies to apply to be the payee for these benefits and remit them to the commissioner of human services, who will then deposit the funds into the foster children assistance trust. The trust assets are held separately and are not subject to claims by the state's creditors. The bill also requires the commissioner to disburse $10,000 annually to each beneficiary once they turn 18, and allows for early disbursements in certain circumstances. The bill also appropriates funds to reimburse the financially responsible agencies for the benefits sent to the commissioner.