Connecticut Baby Bonds passed with bipartisan support during the 2021 legislative session. The program aims to strengthen the state’s economy and help lift people out of poverty. The program creates a trust for children born into poverty, and would allow those children to use those resources for higher education, the purchase of a first home, or to invest in a small business after the child turns 18 years old.
- Support the funding and implementation of Connecticut Baby Bonds
- Provide for structuring and building out of the program
- Advocate for federal legislation to provide for federal tax-exemption of Baby Bond proceeds to beneficiaries
- Provide financial literacy education for beneficiaries of the program