Disabled Californians Could Get $250 in State Funds for Savings Accounts

Medical staff assist a disabled homeless woman in front of the Alverado Care Center in Los Angeles, Calif., on Sept. 29, 2021. John Fredricks/The Epoch Times

California lawmakers are considering a bill that would allow the state to deposit $250 in savings accounts for disabled people.

Senate Bill (SB) 1362, authored by Sen. Josh Newman and sponsored by State Treasurer Fiona Ma, would allow a state board to deposit the money into individual savings accounts and allow it, through its program, California Achieving a Better Life Experience, to make other financial incentives available.