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CA AB2491
Bill
Status
2/20/2026
Primary Sponsor
Lisa Calderon
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AI Summary
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Establishes the Every Kid Counts (EKC) College Savings Program administered by the Student Aid Commission to support local governments and entities sponsoring children's savings account programs for low-income families with young children
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Grants require a minimum award of $100,000 per qualifying entity, with distribution based on available funding, number of students served, and percentage of low-income families in the community
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Qualifying entities must have a college savings program targeting kindergarten through 6th grade students operational or in development by December 31, 2018, and must participate in an independent evaluation consortium
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Funding may be used for seed/matching grants for family savings accounts, family outreach and education, evaluation of program outcomes, and one-time administrative costs
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This bill makes only nonsubstantive technical changes, replacing "Every Kid Counts (EKC)" with "EKC" in several provisions
Legislative Description
The Every Kid Counts (EKC) College Savings Program.
Last Action
From printer. May be heard in committee March 23.
2/21/2026