Christy Smith
- Democratic
Author
Under the Golden State Scholarshare Trust Act, the Scholarshare Investment Board administers the Golden State Scholarshare College Savings Trust, also known as the Scholarshare Trust, which provides financial aid for postsecondary education costs of participating students, as specified. Existing law authorizes the Scholarshare trust to enter into participation agreements with participants on behalf of beneficiaries pursuant to specified terms and agreements. Existing law also authorizes the Scholarshare trust to make payments to institutions of higher education pursuant to participation agreements on behalf of beneficiaries. This bill would authorize the Scholarshare trust to make payments to other third parties, in addition to institutions of higher education, pursuant to participation agreements on behalf of beneficiaries. The bill would also make conforming changes.
Chaptered by Secretary of State - Chapter 17, Statutes of 2019.
Approved by the Governor.
Enrolled and presented to the Governor at 3:30 p.m.
In Assembly. Ordered to Engrossing and Enrolling.
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 1607.).
Read second time. Ordered to Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (June 5).
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 1077.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 12. Noes 0.) (April 2).
From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.
From printer. May be heard in committee March 23.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB853 | HTML |
| 02/20/19 - Introduced | |
| 03/20/19 - Amended Assembly | |
| 06/18/19 - Enrolled | |
| 06/26/19 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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