Conn. Gen. Stat. § 3-36a
This is the official text of Conn. Gen. Stat. § 3-36a, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 3-36a. Connecticut Baby Bond Trust: Definitions.
Official statutory text
(1) “Designated beneficiary” means an individual born on or after July 1, 2023, whose birth was subject to medical coverage provided under HUSKY Health, as defined in section 17b-290 ;
(2) “Eligible expenditure” means an expenditure associated with any of the following, each as prescribed by the Treasurer: (A) Education of a designated beneficiary; (B) purchase of a home in Connecticut by a designated beneficiary; (C) investment in a business in Connecticut by a designated beneficiary; or (D) any investment in financial assets or personal capital that provides long-term gains to wages or wealth; and
(3) “Trust” means the Connecticut Baby Bond Trust.
(2) “Eligible expenditure” means an expenditure associated with any of the following, each as prescribed by the Treasurer: (A) Education of a designated beneficiary; (B) purchase of a home in Connecticut by a designated beneficiary; (C) investment in a business in Connecticut by a designated beneficiary; or (D) any investment in financial assets or personal capital that provides long-term gains to wages or wealth; and
(3) “Trust” means the Connecticut Baby Bond Trust.
Status: in_force · Read it on the official government site
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