Connecticut Statutes
§ 3-36f — Moneys invested in trust not considered assets or income.
(a)Notwithstanding any provision of the general statutes, to the extent permitted by federal law no disbursements from Connecticut Baby Bond Trust shall be considered to be an asset or income for purposes of determining an individual's eligibility for assistance under any program administered by the state.
(b)Notwithstanding any provision of the general statutes, no disbursements from the trust shall be considered to be an asset for purposes of determining an individual's eligibility for need-based, institutional aid grants offered to an individual at the public eligible educational institutions in the state.
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Legislative History
(P.A. 21-111, S. 108; P.A. 23-204, S. 438.) History: P.A. 21-111 effective July 1, 2021; P.A. 23-204 amended Subsec. (a) by replacing “moneys invested in the” with “disbursements from” and “Department of Social Services” with “state” and amended Subsec. (b) by replacing “moneys invested in” with “disbursements from”, effective June 12, 2023.
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