State Legislatures Across Country Advance CSA Legislation
As we pointed out in our last newsletter, the start of state legislative sessions at the beginning of this year brought a wave of Children’s Savings Account (CSA) policy activity. And even in the last two months, we’ve seen promising movement to enact more children’s savings legislation. Read more.
Community-Informed CSA Program Set to Launch in Saint Paul Next Year
At his State of the City address on March 14, Saint Paul (MN) Mayor Melvin Carter announced a universal, at-birth CSA program set to launch next year—College Bound Saint Paul. This announcement marked a tangible step toward achieving Carter’s promise of creating CSAs for every Saint Paul child. And it came after months of work in an “inclusive, community-owned” program design process, according to CSA Program Manager Ikram Koliso. Read more.