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Vermont Stat.
2025 Vermont Statutes
Title 3 - Executive
Chapter 20 - Vermont Baby Bond Trust
§ 606. Monies invested in Trust not considered assets or income
Universal Citation:
3 VT Stats § 606
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§ 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.)
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