H.B. No. 4655 amends the Family Code to enhance the Preparation for Adult Living Program for foster children transitioning to independent living. The bill introduces new requirements for experiential life-skills training, which must now include a comprehensive financial literacy education program. This program will cover various topics such as understanding credit scores, avoiding predatory lending practices, and managing personal finances, including budgeting and saving. Additionally, for youth aged 17 and older, the training will include lessons on financing a motor vehicle and obtaining necessary insurance. The transition plan for youth aged 16 and older will also be expanded to include provisions for managing housing needs and securing governmental assistance.

The bill mandates that the transition plan must address the youth's housing goals, including identifying costs and available resources, and ensuring they have the necessary documentation for rental applications. It also requires the department to review common rental applications and contracts with the youth. Furthermore, the new subsection added to the law ensures that the transition plan includes information on various governmental assistance programs that the youth may qualify for, such as social security benefits and housing assistance. This legislation aims to better prepare foster youth for independent living by equipping them with essential life skills and resources. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Family Code 264.121 (Family Code 264)
House Committee Report: Family Code 264.121 (Family Code 264)
Engrossed: Family Code 264.121 (Family Code 264)
Senate Committee Report: Family Code 264.121 (Family Code 264)
Enrolled: Family Code 264.121 (Family Code 264)