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Metropolitan DC Local Politics
Reply to "$1,800 per kid in Montgomery County"
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[quote=Anonymous][quote=Anonymous]You wonder why MoCo has so many illegal immigrants? Just hang up the sign to central American already. Go past the border! Collect $1800 a pop in MoCo! [/quote] [i]A so-called “baby bonds” bill is being considered in Montgomery County, in which $1,800 would be invested for every child born in the Maryland county. The Child Investment Fund would be overseen by an 13-member committee, and the funds would be available for applicants once they reach age 18. Those eligible to draw from the funds would have to meet a number of requirements including: Being born after Jan. 1, 2024 Being residents of Montgomery County Payments would be based on wealth and income at the time of application The use of the funds would also be restricted to vocational or educational expenses, ownership or investment in a business in Montgomery County, the purchase of property in the county or funding retirement investments. [/i][/quote]
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