Opportunity Passport Act of 2002
Last action on Jun 20, 2002Read twice and referred to the Committee on Health, Educa...
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Summary
Opportunity Passport Act of 2002 - Authorizes the Secretary of Health and Human Services to make grants to assist partnerships of public agencies or private nonprofit organizations in developing and implementing methods of providing financial security for youth in foster care and for youth aging out of foster care, including: (1) electronic opportunity passports, such as electronic cards or secure Internet databases containing vital information about medical records, legal identification, and school transcripts; (2) individual development accounts for educational, housing, medical, business, or automobile expenses; (3) debit accounts for short-term use to build credit histories and purchase essential items; and (4) youth leadership boards providing assistance to enable such youth to negotiate agreements, obtain expedited access to education and training programs, obtain pre-approval for student loans or other student financial assistance, and become entrepreneurs.