District Of Columbia § 4-681.03(Perm) - Child Trust Fund Program.

To meet the eligibility requirements for the CTF Program, the Chief Financial Officer, with parental consent, shall use the DC Medicaid participant information received annually from the Department of Human Services, or the Department of Health Care Finance, whichever applies (collectively "agencies") to determine if the household qualifies as an applicable family household; except, that parental consent shall be provided by the eligible child's parent or guardian within 18 months of the birth of the child to be eligible for enrollment in the CTF Program.

The Chief Financial Officer, or the designee, or employees of the Chief Financial Officer, or employees of the designee shall not disclose information with respect to a distribution made from the Fund; except, that information regarding distribution may be disclosed, pursuant to rule, to the beneficiary of the distribution or to another person at the beneficiary's request.

The Chief Financial Officer, or the designee, or employees of the Chief Financial Officer, or employees of the designee may disclose information regarding a distribution made pursuant to to a parent or guardian if the beneficiary lacks legal capacity to request the information.

Upon enrollment before October 1, 2024, an amount of $500 shall be designated in the Fund for the eligible child enrolled in the CTF Program.

By October 1 of the subsequent year, ending before September 30, 2024, the deposit amount designated in the Fund for each eligible child enrolled in the CTF Program shall be as follows:

By October 1 of each successive year, ending before September 30, 2024, the maximum annual amount amount provided pursuant to this subsection shall increase in proportion to the annual average increase, if any, in the Consumer Price Index for All Urban Consumers, Washington-Baltimore Metropolitan area published by the Bureau of Labor Statistics of the United States Department of Labor for the previous calendar year; provided, that the Chief Financial Officer certifies that funds are sufficient.

After September 30, 2024, the deposit amount designated in the Fund for each eligible child enrolled in the CTF Program shall be determined pursuant to paragraph (5) of this subsection.

By March 1 of each year, beginning with March 1, 2026, the Office of the Chief Financial Officer shall certify the total revenues transferred to the Fund in the preceding fiscal year and calculate the equal share per eligible child enrolled in the CTF Program as of September 30 of the preceding fiscal year of the total certified revenue, up to a maximum amount of $1,000 per eligible child enrolled, and designate such amount in the Fund for each enrolled child.