Bill > HF776

This bill appropriates $1,500,000 in state general fund money for each of two fiscal years (2026 and 2027) to the Commissioner of Children, Youth, and Families specifically to support the Minnesota Family Assets for Independence Initiative. The Family Assets for Independence program is likely a state-level financial empowerment initiative designed to help low-income families build savings and assets, potentially through matched savings accounts, financial education, or other supportive services. By providing ongoing funding over two fiscal years, the bill ensures continued support for this program, which aims to help families achieve greater financial stability and economic mobility. The appropriation of a consistent $1.5 million per year suggests a commitment to maintaining and potentially expanding the program's reach and impact.

Education

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0776&ssn=0&y=2025