minors; artistic performers; contracts; trust

HB 2390 requires court approval for contracts involving unemancipated minors (under 18) working in artistic or creative roles like acting, music, or online content creation. It mandates that 15% of a minor’s gross earnings be placed into a trust account managed by a parent or guardian (unless the court appoints another trustee), with employers depositing these funds within 15 business days. The bill also requires employers to provide documentation to financial institutions and establishes annual accounting requirements for the trust. This applies to all minors in the entertainment industry who enter contracts for artistic services, directly affecting minors, their parents/guardians, and their employers.