Vermont § 606 Monies invested in Trust not considered assets or income

Vermont Statutes

§ 606 — Monies invested in Trust not considered assets or income

Vermont § 606

Title 3Title 3: Executive

Ch. 20Chapter 020: Vermont Baby Bond Trust

This text of Vermont § 606 (Monies invested in Trust not considered assets or income) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 3, § 606 (2026).

Text

(a)Notwithstanding any provision of law to the contrary, and to the extent permitted by federal law, no sum of money invested in the 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 Agency of Human Services.

(b)Notwithstanding any provision of law to the contrary, no sum of money invested in 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 by a public postsecondary school located in Vermont. (Added 2023, No. 184 (Adj. Sess.), § 17, eff. July 1, 2024.)

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(a) Notwithstanding any provision of law to the contrary, and to the extent permitted by federal law, no sum of money invested in the 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 Agency of Human Services.
(b) Notwithstanding any provision of law to the contrary, no sum of money invested in 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 by a public postsecondary school located in Vermont. (Added 2023, No. 184 (Adj. Sess.), § 17, eff. July 1, 2024.)