DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HCR 94 Engrossed 2022 Regular Session Duplessis
Requests the Dept. of Children and Family Services (DCFS) and the La. Dept. of Health (LDH),
jointly, to study the feasibility, best structure, and potential return on investment of a program similar
to ones known in other states as "baby bonds" programs to provide children born to low- to
moderate-income parents with a trust that, at maturity, can be used to fund the child's postsecondary
education, purchase of a home, or formation of a business.
Requires that in conducting the study, DCFS and LDH shall engage and obtain guidance, data, and
other necessary information from all of the following agencies:
(1) The Dept. of the Treasury.
(2) The Dept. of Education.
(3) The La. Board of Regents.
(4) The State Board of Elementary and Secondary Education.
(5) The Dept. of Economic Development.
(6) The La. Housing Corp.
Requires DCFS and LDH, jointly, to report the findings of the study to the legislature no later than
60 days prior to the convening of the 2023 R.S.