The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 3 : Executive
Chapter 020 : Vermont Baby Bond Trust
(Cite as: 3 V.S.A. § 606)-
§ 606. Monies invested in Trust not considered assets or income
(a) Notwithstanding any provision of law to the contrary, and to the extent permitted by federal law, no sum of money invested in the Trust shall be considered to be an asset or income for purposes of determining an individual’s eligibility for assistance under any program administered by the Agency of Human Services.
(b) Notwithstanding any provision of law to the contrary, no sum of money invested in the Trust shall be considered to be an asset for purposes of determining an individual’s eligibility for need-based institutional aid grants offered to an individual by a public postsecondary school located in Vermont. (Added 2023, No. 184 (Adj. Sess.), § 17, eff. July 1, 2024.)
