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GA HR396
Resolution
Status
2/26/2025
Primary Sponsor
Lisa Campbell
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AI Summary
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Proposes a constitutional amendment to create the Georgia's Children First Trust Fund to provide scholarships, grants, and financial assistance for child care services
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Requires a one-time appropriation of $3 billion from the Revenue Shortfall Reserve upon creation of the fund
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Funds appropriated to the trust would not lapse and a portion would be invested, with investment returns used to sustain ongoing child care assistance
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Authorizes but does not require the General Assembly to appropriate additional amounts into the fund
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Requires voter ratification through a ballot question asking whether to use the state's revenue surplus to create a "self-sustaining" child care trust fund
Legislative Description
General Assembly; creation of Georgia's Children First Trust Fund; authorize - CA
Last Action
House Second Readers
2/28/2025