Baby Bonds in Connecticut
Connecticut State Treasurer Erick Russell (center left), with fellow elected officials and coalition members, announces the successful funding of the Connecticut Baby Bonds Trust in May 2023. Photo: Office of State Treasurer Erick Russell
Connecticut was the first state in the U.S. to pass (2021) and fully fund and implement (2023) Baby Bonds legislation. The Connecticut Baby Bonds Trust began enrolling its first beneficiaries in July 2023.
Legislation
Raised Bill No. 6659: An Act Concerning the Establishment of the Connecticut Baby Bond Trust (2021)
Baby Blogs
Lightning in a Bottle: The Connecticut Baby Bonds Trust
By David Radcliffe of the Institute on Race, Power and Political Economy
Coloring Outside the Lines: The Audacious Leadership Key to CT Baby Bonds
By Emily Byrne of Connecticut Voices for Children
Baby Bonds Can Build Wealth for the Poor—And Bring our State and Country Together
Interview with Connecticut State Rep. Geraldo Reyes
Baby Bonds and the Power to Thrive
By Dr. Monette Ferguson of Alliance for Community Empowerment
Baby Bonds Seed Hope for the Future
Interview with Connecticut State Senator Cathy Osten
Baby Bonds: Why Bold Change Requires Bold Partnerships
Interview with Credit Union League of Connecticut CEO Bruce Adams
News and Resources
2024
Community Foundation of Eastern Connecticut
A Bold Step Toward Easing Child Poverty in Connecticut: Baby Bonds
April 2024
CT Insider
Treasurer: Baby Bonds a 'Piece to this Puzzle" of Tackling Wealth Gap in CT
February 22, 2024
WTNH News 8
Connecticut's Baby Bonds Program Aims to End Cycle of Child Poverty
February 12, 2024
The Day
Baby Bonds an "Investment in Our Children," Crowd in New London Told
February 12, 2024
CT Mirror
Ned Lamont's State of the State: Steady
February 7, 2024
The Day
State Treasurer: New Baby Bond Program Will Address Generational Poverty
February 5, 2024
Connecticut Voices for Children
Supporting the Economic Well-Being of Connecticut's Families and Children: An Overview of CT Baby Bonds
January 2024
Office of Governor Ned Lamont
Governor Lamont and Treasurer Russell Announce 7,810 Babies Have Been Born Eligible for Connecticut Baby Bonds
January 17, 2024
CT Mirror
CT’s ‘Baby Bonds’ Experiment Is Under Way
January 17, 2024
WTNH News 8
Nearly 8K Infants Enrolled in 1st 6 Months of Connecticut Baby Bond Program
January 17, 2024
News 12 Connecticut
Thousands of Newborns Already Benefiting from 'Baby Bonds' Program
January 17, 2024
Republican-American
Connecticut Baby Bonds Will Help Over 600 Waterbury Children
January 17, 2024
Fox 61
Thousands of Babies Eligible for the Connecticut Baby Bonds Program
January 17, 2024
Inequality.org
The Richest 1 Percent Own a Greater Share of the Stock Market Than Ever Before
January 16, 2024
2023
L'Obs
Inequalities: To Fight Against Privileges, the Beautiful Innovation of "Starting Capital"
December 30, 2023
Office of Connecticut State Treasurer Erick Russell
CT "Baby Bonds” Honored as Innovative Financing Deal of the Year by The Bond Buyer
November 16, 2023
Fox61
First Baby Born in CT Baby Bonds Program
July 3, 2023
The Bond Buyer
Connecticut to Begin Baby Bond Program
June 29, 2023
National Community Reinvestment Coalition
Connecticut Baby Bonds: The Beginning of Bridging the Racial Wealth Divide?
May 26, 2023
CT Mirror
What Is CT’s Baby Bonds Program? Here’s What to Know
May 22, 2023
Connecticut Public Radio
CT Officials Reach Agreement on Financing Baby Bonds Program
May 16, 2023
Bloomberg
Connecticut’s $600 Million Plan to Narrow Wealth Gap: Give Kids Trust Funds
May 16, 2023
The Wall Street Journal
Connecticut Officials Reach Tentative Deal on ‘Baby Bonds’
May 16, 2023
Office of Governor Ned Lamont
Government Lamont, Treasurer Russell, Legislative Leaders Announce Legislation Funding CT Baby Bonds
May 16, 2023
CTMirror
Funding Baby Bonds Will Lift Many CT Residents from Poverty
May 5, 2023
CTNewsJunkie
Connecticut Baby Bonds Program Remains Stalled
February 9, 2023
Connecticut Post
Hugh Bailey: Baby Bonds Saga Shows Lamont’s Darker Side
January 8, 2023
NBC Connecticut
Baby Bonds Program on Hold Over a Year After Passing State Legislature
January 2, 2023
CT Mirror
Political Clashes Leave CT Baby Bonds Program in Limbo
January 1, 2023
2022
The Bond Buyer
‘Baby Bonds’ Program Delayed in Connecticut’s $24.2 Billion Budget
May 6, 2022
Hartford Foundation for Public Giving
Hartford Foundation Testimony in Support of Senate Bill 384
March 15, 2022
2021
Connecticut Post
Experts: CT Baby Bond Program Provides Kinds Born into Poverty with Brighter Future
October 28, 2021
Medill News Service
Connecticut Enacts First ‘Baby Bonds’ Legislation
October 28, 2021
Connecticut Public Radio
State Launches Ambitious ‘Baby Bonds’ Program Targeted at Closing Racial Gap
July 6, 2021
Prosperity Now
The First (Hopefully, of Many!) State Baby Bonds Program
June 23, 2021
The Washington Post
A Groundbreaking Connecticut Law Would Give a $3,200 Bond to Every Child Born into Poverty
June 15, 2021
CT Examiner
Baby Bonds Bill Passed to Aid Savings for Low-Income Families
June 15, 2021
Yale Daily News
‘A New American Birthright’: Baby Bonds Bill Sees Support from Elicker, State Officials
April 29, 2021
Westfair Business Journal
CT State Treasurer Wooden Calls for Passage of Baby Bonds Bill
April 5, 2021