Connecticut § 3-36a Connecticut Baby Bond Trust: Definitions.

Connecticut Statutes

§ 3-36a — Connecticut Baby Bond Trust: Definitions.

Connecticut § 3-36a

Title 3State Elective Officers

Ch. 32Treasurer

This text of Connecticut § 3-36a (Connecticut Baby Bond Trust: Definitions.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 3-36a (2026).

Text

As used in this section and sections 3-36b to 3-36h, inclusive:

(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.

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As used in this section and sections 3-36b to 3-36h, inclusive: (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.

Legislative History

(P.A. 21-111, S. 103; P.A. 22-118, S. 327; 22-131, S. 2; P.A. 23-204, S. 149.) History: P.A. 21-111 effective July 1, 2021; P.A. 22-118 amended Subdiv. (1) by substituting “2023” for “2021”, effective May 7, 2022; P.A. 22-131 replaced reference to Sec. 3-36h with reference to Sec. 3-36i in the introductory language; P.A. 23-204 replaced reference to Sec. 3-36i with Sec. 3-36h, effective June 12, 2023.