Establishes a statewide children's savings account program for higher education and local partner grants.

The bill establishes a statewide children's savings account program for higher education, called MinneKIDS, and a local partner grant program. It mandates the creation of MinneKIDS accounts for eligible children, with initial seed deposits and potential additional contributions. The program aims to encourage college savings and participation. The bill also establishes a local partner grant program to support outreach and education initiatives, with priority given to underrepresented regions and low-income communities.

Establishes a statewide children's savings account program for higher education and local partner grants.

The bill establishes a statewide children's savings account program for higher education, called MinneKIDS, and a local partner grant program. It mandates the creation of MinneKIDS accounts for eligible children, with initial seed deposits and potential additional contributions. The program aims to encourage college savings and participation. The bill also establishes a local partner grant program to support outreach and education initiatives, with priority given to underrepresented regions and low-income communities.