Texas HB4655 enhances the Preparation for Adult Living Program for foster children transitioning to independent living.

Texas HB4655 amends the Preparation for Adult Living Program to better prepare foster children for independent living. It mandates financial literacy education, including credit scores, avoiding predatory loans, and understanding paychecks. For youth aged 17 and older, it adds lessons on financing motor vehicles and insurance. The bill also requires transition plans to address housing needs, including budgeting and identifying potential conflicts. It takes effect September 1, 2025.

Texas HB4655 enhances the Preparation for Adult Living Program for foster children transitioning to independent living.

Texas HB4655 amends the Preparation for Adult Living Program to better prepare foster children for independent living. It mandates financial literacy education, including credit scores, avoiding predatory loans, and understanding paychecks. For youth aged 17 and older, it adds lessons on financing motor vehicles and insurance. The bill also requires transition plans to address housing needs, including budgeting and identifying potential conflicts. It takes effect September 1, 2025.