MN HF3632

Adds personal vehicle acquisition costs as a permissible use of family asset accounts if approved by the fiduciary organization.

Increases state matching funds from $1.50 to $3 per dollar withdrawn, with annual maximum increasing from $720 to $1,440 and lifetime limit doubling from $3,000 to $6,000.

Establishes financial coach positions requiring completion of intensive financial literacy training and ongoing participation in statewide FAIM network training meetings to provide budgeting, debt reduction, and asset-specific coaching to program participants.

Modifies program reporting requirements to include tracking of vehicles purchased with account funds alongside existing reporting on businesses, homes, and educational services.