Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 825 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 5697 | |
6 | 6 | January Session, 2021 | |
7 | 7 | LCO No. 825 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on COMMITTEE ON CHILDREN | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | Introduced by: | |
14 | 14 | REP. LUXENBERG, 12th Dist. | |
15 | 15 | ||
16 | 16 | ||
17 | 17 | ||
18 | 18 | AN ACT ESTABLISHING A BABY BONDS PROGRAM. | |
19 | 19 | Be it enacted by the Senate and House of Representatives in General | |
20 | 20 | Assembly convened: | |
21 | 21 | ||
22 | 22 | That the general statutes be amended to establish a baby bonds 1 | |
23 | 23 | program, in which each child born in the state is given a two-thousand-2 | |
24 | 24 | five-hundred-dollar bond at birth, to which one thousand dollars is 3 | |
25 | 25 | added each year, and which is held in trust by the state until the child 4 | |
26 | 26 | reaches eighteen years of age. 5 | |
27 | 27 | Statement of Purpose: | |
28 | 28 | To ensure that each child in the state has a level of financial security as | |
29 | 29 | they transition into adulthood. |