Bill Text: TX SB1589 | 2013-2014 | 83rd Legislature | Enrolled
Bill Title: Relating to assistance and education regarding personal finance for certain children in foster care.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2013-05-24 - Effective on 9/1/13 [SB1589 Detail]
Download: Texas-2013-SB1589-Enrolled.html
S.B. No. 1589 |
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relating to assistance and education regarding personal finance for | ||
certain children in foster care. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 264.121, Family Code, is amended by | ||
amending Subsections (a-1) and (f) and adding Subsection (a-2) to | ||
read as follows: | ||
(a-1) The department shall require a foster care provider to | ||
provide or assist youth who are age 14 or older in obtaining | ||
experiential life-skills training to improve their transition to | ||
independent living. Experiential life-skills training must be | ||
tailored to a youth's skills and abilities and may include training | ||
in practical activities that include grocery shopping, meal | ||
preparation and cooking, using public transportation, and | ||
performing basic household tasks[ |
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(a-2) The experiential life-skills training under | ||
Subsection (a-1) must include a financial literacy education | ||
program that: | ||
(1) includes instruction on: | ||
(A) obtaining and interpreting a credit score; | ||
(B) protecting, repairing, and improving a | ||
credit score; | ||
(C) avoiding predatory lending practices; | ||
(D) saving money and accomplishing financial | ||
goals through prudent financial management practices; | ||
(E) using basic banking and accounting skills, | ||
including balancing a checkbook; | ||
(F) using debit and credit cards responsibly; | ||
(G) understanding a paycheck and items withheld | ||
from a paycheck; and | ||
(H) protecting financial, credit, and | ||
identifying information in personal and professional | ||
relationships; and | ||
(2) assists a youth who has a source of income to | ||
establish a savings plan and, if available, a savings account that | ||
the youth can independently manage. | ||
(f) The department shall require a person with whom the | ||
department contracts for transitional living services for foster | ||
youth to provide or assist youth in obtaining: | ||
(1) housing services; | ||
(2) job training and employment services; | ||
(3) college preparation services; | ||
(4) services that will assist youth in obtaining a | ||
general education development certificate; [ |
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(5) a savings or checking account if the youth is at | ||
least 18 years of age and has a source of income; and | ||
(6) any other appropriate transitional living service | ||
identified by the department. | ||
SECTION 2. This Act takes effect September 1, 2013. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I hereby certify that S.B. No. 1589 passed the Senate on | ||
April 25, 2013, by the following vote: Yeas 26, Nays 2. | ||
______________________________ | ||
Secretary of the Senate | ||
I hereby certify that S.B. No. 1589 passed the House on | ||
May 8, 2013, by the following vote: Yeas 147, Nays 0, two present | ||
not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
Approved: | ||
______________________________ | ||
Date | ||
______________________________ | ||
Governor |