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CT HB06661

Bill

Official Source

Status

Introduced

3/19/2021

Primary Sponsor

Appropriations Committee

Click for details

Origin

House of Representatives

2021 General Assembly

AI Summary

  • Establishes a nonlapsing "Financial Literacy Trust Fund" to be held by the State Treasurer separate from all other state funds and accounts
  • Fund qualifies as an instrumentality of the state and performs essential governmental functions
  • Fund receives and holds payments, deposits, contributions, gifts, bequests, endowments, federal/state/local grants, and earnings from any public or private source
  • Treasurer shall use deposited funds to promote and raise awareness of financial literacy among state residents
  • Effective upon passage

Legislative Description

An Act Concerning The Establishment Of A Financial Literacy Trust Fund.

Last Action

Public Hearing 03/26

3/22/2021

Committee Referrals

Appropriations3/19/2021

Full Bill Text

No bill text available