Connecticut 2021 Regular Session

Connecticut House Bill HB05697 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 825 1 of 1
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55 General Assembly Proposed Bill No. 5697
66 January Session, 2021
77 LCO No. 825
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1010 Referred to Committee on COMMITTEE ON CHILDREN
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1313 Introduced by:
1414 REP. LUXENBERG, 12th Dist.
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1818 AN ACT ESTABLISHING A BABY BONDS PROGRAM.
1919 Be it enacted by the Senate and House of Representatives in General
2020 Assembly convened:
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2222 That the general statutes be amended to establish a baby bonds 1
2323 program, in which each child born in the state is given a two-thousand-2
2424 five-hundred-dollar bond at birth, to which one thousand dollars is 3
2525 added each year, and which is held in trust by the state until the child 4
2626 reaches eighteen years of age. 5
2727 Statement of Purpose:
2828 To ensure that each child in the state has a level of financial security as
2929 they transition into adulthood.