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Protecting Foster Youth Funds: Ensuring Benefits for Children's Needs

This act aims to ensure that social security benefits and other financial assets of children in foster care are used solely for their needs, not for state care costs. It mandates the creation of individual financial management plans and increases transparency in how these funds are used, intending to improve the children's quality of life and future prospects.
Key points
Prohibits states from using foster children's benefits (e.g., Social Security) to cover foster care maintenance costs.
Requires the development of individual plans to manage children's financial assets, securing their future needs (health, education, housing).
Mandates regular screenings of foster children to determine their eligibility for social security and supplemental security income benefits.
Increases transparency by requiring annual accounting to children of how their funds have been used.
Requires notification to attorneys or guardians ad litem regarding decisions about managing children's benefits.
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Additional Information
Print number: 118_HR_10478
Sponsor: Rep. Davis, Danny K. [D-IL-7]
Process start date: 2024-12-18