GA HR99

Proposes a constitutional amendment authorizing the General Assembly to spend public funds on baby bond savings programs without requiring direct benefit in return to the state

Creates the Baby Bond Savings Plan Trust Fund, administered by a board established by general law, with funds usable for higher education, home purchases, investments, or other qualified expenses once beneficiaries reach a certain age

Trust fund deposits would not constitute state property, cannot be commingled with state funds, and are exempt from constitutional debt limitations

Contributions and revenues deposited into the fund would not lapse and are protected from certain budget limitations

Requires voter ratification through a ballot measure asking whether to authorize the baby bond savings program and trust fund