Adrin Nazarian
- Democratic
Author
Existing law establishes the California Kids Investment and Development Savings (KIDS) Program, under the administration of the Scholarshare Investment Board, for the purposes of expanding access to higher education through savings. Existing law establishes the California Kids Investment and Development Savings Program Fund in the State Treasury to serve as the initial repository of all moneys received from state and private sources for the KIDS Program, and continuously appropriates moneys in the fund to the board for the KIDS Program. Existing law requires moneys in the fund, subject to availability, to be deposited in KIDS Accounts, one designated for each California resident child born on or after a date to be determined by the board, as provided. Existing law requires the board to provide awards from these KIDS Accounts, as specified, for each recipient child's qualified higher education expenses at an eligible institution of higher education. Existing law requires the board, on or before June 30, 2022, and annually thereafter, to report to the Department of Finance and the Legislature, information pertaining to the KIDS program's implementation, as provided. This bill would delay the initial reporting date by one year until June 30, 2023. This bill would declare that it is to take effect immediately as an urgency statute.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 164, Statutes of 2022.
Enrolled and presented to the Governor at 2 p.m.
In Assembly. Ordered to Engrossing and Enrolling.
Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 4677.).
Read second time. Ordered to third reading.
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 8). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 65. Noes 0. Page 4659.).
Read second time. Ordered to Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 4).
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 19).
From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.
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 21.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB2821 | HTML |
| 02/18/22 - Introduced | |
| 03/24/22 - Amended Assembly | |
| 04/04/22 - Amended Assembly | |
| 04/21/22 - Amended Assembly | |
| 08/08/22 - Enrolled | |
| 08/22/22 - Chaptered |
| Document | Format |
|---|---|
| 04/18/22- Assembly Higher Education | |
| 05/02/22- Assembly Appropriations | |
| 06/06/22- Senate Education | |
| 06/22/22- Sen. Floor Analyses |
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