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22.06.2021 / 02:19

Connecticut to give $3,200 bond to every child born into poverty

HARTFORD, Conn. - Beginning on July 1, Connecticut will be the first state to offer baby bond trusts in an attempt to close the "racial wealth gap," according to a state treasury news release. Individuals who use Husky Health, Connecticut’s version of Medicaid, will be eligible for the state’s Baby Bond Trust Program which gives children who are living in low-income households a savings account which they can access once they turn 18. State Treasurer Shawn T.

state Connecticut Hartford, state Connecticut bill

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