Connecticut § 3-36h Transfer to trust upon birth of designated beneficiary.

Connecticut Statutes

§ 3-36h — Transfer to trust upon birth of designated beneficiary.

Connecticut § 3-36h

Title 3State Elective Officers

Ch. 32Treasurer

This text of Connecticut § 3-36h (Transfer to trust upon birth of designated beneficiary.) 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. § 3-36h (2026).

Text

Notwithstanding any provision of the general statutes, the Department of Social Services shall, not later September 1, 2024, and not later than September first annually thereafter, inform the Treasurer of the number of designated beneficiaries born in the prior fiscal year. After receiving such number, the Treasurer may transfer up to three thousand two hundred dollars in the trust for each designated beneficiary born in the prior fiscal year and transfer such money to any fund established pursuant to section 3-36c to achieve the purpose of this section for such beneficiary.

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Notwithstanding any provision of the general statutes, the Department of Social Services shall, not later September 1, 2024, and not later than September first annually thereafter, inform the Treasurer of the number of designated beneficiaries born in the prior fiscal year. After receiving such number, the Treasurer may transfer up to three thousand two hundred dollars in the trust for each designated beneficiary born in the prior fiscal year and transfer such money to any fund established pursuant to section 3-36c to achieve the purpose of this section for such beneficiary.

Legislative History

(P.A. 21-111, S. 110; June Sp. Sess. P.A. 21-2, S. 485; P.A. 23-204, S. 440.) History: P.A. 21-111 effective July 1, 2021; June Sp. Sess. P.A. 21-2 replaced “shall” with “may” re transfer of bond proceeds issued pursuant to Sec. 3-36i and added provision re amount per beneficiary to be reduced pro rata when funds made available are insufficient, effective July 1, 2021; P.A. 23-204 replaced provisions re transfer from bond proceeds for crediting to beneficiaries and pro rata reduction with provisions re informing Treasurer of number of beneficiaries and transfer for beneficiaries, effective June 12, 2023.