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CA AB70
Bill
Status
Passed
9/25/2020
Primary Sponsor
Rebecca Bauer-Kahan
Click for details
AI Summary
- Defines "nonprofit corporation" as institutions with tax-deductible status under IRS Section 501(c)(3) and "public institution of higher education" to establish exemptions from out-of-state private postsecondary institution registration requirements
- Requires Attorney General verification that nonprofit institutions formerly operated as for-profit institutions meet fairness standards including asset acquisition at fair value, no excessive vendor contracts, and independent core operations before exemption approval
- Mandates Attorney General provide written verification within 90 days of receiving all necessary information and allows institutions to appeal bureau actions to superior court
- Requires out-of-state private postsecondary institutions to disclose enforcement history including accreditation actions, civil settlements exceeding $250,000, and government enforcement actions within five years of registration
- Extends registration validity from two to five years and establishes ongoing reporting requirements for enrolled institutions to notify the bureau of regulatory actions within 30 days
Legislative Description
Private postsecondary education: California Private Postsecondary Education Act of 2009.
Last Action
Chaptered by Secretary of State - Chapter 153, Statutes of 2020.
9/25/2020
Committee Referrals
Appropriations8/12/2020
Business, Professions and Economic Development6/23/2020
Rules1/28/2020
Appropriations1/15/2020
Higher Education1/6/2020
Full Bill Text
No bill text available