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MN SF32

MN SF32
Family assets or independence program appropriation


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to support for families; appropriating money for the family assets for independence program.

AI Summary

This bill appropriates $1.5 million in state general funds for each of fiscal years 2026 and 2027 to the Minnesota Commissioner of Children, Youth, and Families specifically to support the Family Assets for Independence (FAI) initiative. The FAI is a program designed to help families build financial stability and assets, likely through matched savings, financial education, or other supportive services. By providing ongoing funding, the bill ensures continued support for this family-focused economic empowerment program, helping low-income families develop financial skills and resources to potentially improve their long-term economic prospects.

Committee Categories

Health and Social Services

Sponsors (5)

Last Action

Author added Abeler (on 01/27/2025)

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