Page 461
House Bill No. 5506
Public Act No. 22-118 461 of 739
2025 $50,000,000
2026 $50,000,000
2027 $50,000,000
2028 $50,000,000
2029 $50,000,000
2030 $50,000,000
2031 $50,000,000
2032 $50,000,000
2033 $50,000,000
2034 $50,000,000
2035 $50,000,000
2036 $50,000,000
(b) On or before the first day of September in each year, commencing September 1, [2022] 2024, the Department of Social Services shall inform the Treasurer of the number of designated beneficiaries born in the prior fiscal year. Promptly thereafter, the Treasurer shall submit to the Governor and the Secretary of the Office of Policy and Management, by certified mail, a report of and a calculation of the total amount required to deposit to the trust for crediting three thousand two hundred dollars for the account of each such designated beneficiary born in the prior fiscal year as described in section 3-36g. Sec. 330. Subsections (a) and (b) of section 4-66c of the 2022 supplement to the general statutes are repealed and the following is substituted in lieu thereof (Effective July 1, 2022): (a) For the purposes of subsection (b) of this section, the State Bond Commission shall have power, from time to time to authorize the issuance of bonds of the state in one or more series and in principal amounts not exceeding in the aggregate [two billion two hundred