By Brooklynn Hillemann
Washington State Journal 

Future fund trust would help to close income gap, supporters say


Last updated 1/25/2022 at 8:06am

OLYMPIA – Young adults will be able to access a fund years from now to give them a boost if lawmakers pass a bill aimed at narrowing the gap between the rich and poor.

Rep. Monica Stonier, D-Vancouver, sponsor of House Bill 1861, said the Washington Future Fund Trust would serve as a savings and investment account for babies born under the state’s Medicaid program, Apple Health. Beginning in 2024, a minimum of $3,200 will be set aside for each eligible child to access between their 18-31 birthdays.

“I think it’s an exciting way to deal with a lot of the challenges that we’re seein...

For access to this article please sign in or subscribe.


Reader Comments(0)


Our Family of Publications Includes:

Cheney Free Press
Ritzville Adams County Journal
Whitman County Gazette
Odessa Record
Franklin Connection
Davenport Times
Spokane Valley News Herald
Colfax Daily Bulletin

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024