Rhode Island General Laws Title 35. Public Finance § 35-24-1. Definitions

(i) Born on or after January 1, 2026;  and

(ii) Whose parent or guardian is enrolled in the Rhode Island works program pursuant to § 40-5.2-1 et seq., within the first twelve (12) months of their life.

(i) Continuing education of a designated beneficiary at an institution of higher learning, trade school, vocational school, or professional apprenticeship program in Rhode Island;

(ii) Ownership of a home in Rhode Island by a designated beneficiary;

(iii) Ownership of a business with a principal place of business in Rhode Island by a designated beneficiary;  or

(iv) Any investment in financial assets or personal capital that provides long-term gains to wages or wealth, as defined by regulation promulgated by the general treasurer.

(i) All money from public or private sources appropriated or made available to the state for the benefit of the trust;  and

(ii) All earnings on the money in the trust.