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CT SB00651
Bill
Status
1/28/2021
Primary Sponsor
Committee on Children
Click for details
AI Summary
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Connecticut Treasurer must establish a program by June 1, 2023 allowing municipalities to make annual deposits into Connecticut Higher Education Trust accounts for designated beneficiaries who are residents of that municipality.
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Municipalities may adopt regulations under chapter 54 of the general statutes to implement the program.
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Beginning July 1, 2023, any municipality may vote to participate in the program through its legislative body.
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Municipalities may accept funds from private sources to support deposits into the trust accounts.
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The act takes effect July 1, 2021.
Legislative Description
An Act Permitting Municipal Contributions To Connecticut Higher Education Trust Accounts.
Last Action
Moved to Foot of the Calendar, Senate
6/9/2021