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Sec. 1. (a) The insuring foster youth trust program is established under this chapter to recognize that:

(1) foster youth have limited access to resources as they begin to age out of the system;

(2) foster youth require additional resources as they begin to age out of the system to ensure a successful transition to adulthood;

(3) ensuring that foster youth can afford automobile insurance is paramount to the successful transition of a foster youth to adulthood; and

(4) providing funding to help defray the cost of automobile insurance will drastically increase the chances of a successful transition of a foster youth to adulthood.

(b) Subject to available funding, the insuring foster youth trust program shall provide funding to help defray the cost of the following:

(1) Automobile insurance coverage for foster youth.

(2) Not more than forty-four (44) of the fifty (50) hours of supervised driving practice for foster youth pursuant to IC 9-24-3-2.5.

As added by P.L.59-2022, SEC.2.