Section 18997.55.
Cal. Welfare and Institutions Code - WIC § 18997.55.
in effectOn or before February 1, 2024, the board shall submit a report to the Department of Finance and the Legislature, pursuant to Section 9795 of the Government Code, that includes, at a minimum, recommendations of the board on all of the following:
(a)
A detailed plan for implementing the program and establishing and maintaining HOPE trust accounts for an eligible child or eligible youth that maximizes their participation and their autonomous wealth-building capacity.
(b)
The anticipated number of HOPE trust accounts to be opened and initial deposit amounts.
(c)
A description of the efforts to be used to solicit philanthropic or nonstate
moneys to support the program.
(d)
Further statutory and budget allocations.
References
referencesCal. Government Code - GOV § 9795.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026