Minors in State Custody Amendments

HB 108 modifies how Utah's Department of Health and Human Services manages federal benefits (like Social Security or veterans' payments) for minors in state custody. It reduces the percentage of these benefits the department can use for maintenance costs (from 75% to 25%) and requires the department to establish separate accounts for each minor, prioritizing ABLE accounts when possible. The bill mandates annual financial statements to minors and guardians, annual reports to the legislature detailing benefit usage, and annual financial literacy training upon custody termination. It directly affects minors in foster care or state custody who receive federal benefits, ensuring their funds are managed responsibly while preserving eligibility for other benefits.