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CA AB1175
Bill
Status
2/1/2018
Primary Sponsor
Philip Ting
Click for details
AI Summary
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Enacts the Every Kid Counts (EKC) Act establishing a college savings program as part of the Golden State Scholarshare Trust Act.
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Authorizes the state to deposit $100 into each account opened under the Golden State Scholarshare Trust Act upon legislative appropriation.
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Excludes funds deposited into accounts under this program from consideration when determining eligibility for state assistance programs for low-income individuals.
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Applies to accounts opened under the existing Golden State Scholarshare Trust Act referenced in Education Code Section 69980 et seq.
Legislative Description
The Every Kid Counts (EKC) Act: state-funded investment accounts.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2018