18997.55. (Added by Stats. 2022, Ch. 569, Sec. 57.)
On 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…#
(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…#
(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…#
(c) A description of the efforts to be used to solicit philanthropic or nonstate moneys to support the program.