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Student financial aid: California Kids Investment and Development Savings (KIDS) Program: foster youth.

It became law on Sep 26, 2024.

CA AB 2508 · Assembly Bill · 2023–2024

Stage
Became law
Started in
Assembly
Sponsors
2
Latest action
Sep 26, 2024

What it does

Existing law establishes the California Kids Investment and Development Savings (KIDS) Program, under the administration of the Scholarshare Investment Board (board) , for purposes of expanding access to higher education through savings. Existing law, for the 2021–22 fiscal year, requires a KIDS Account to be established for all unduplicated pupils enrolled at a school district, public charter school, state special school, or other local educational agency, if one has not already been established for them, and requires the account to receive an enhanced deposit of $500. Existing law, for the 2021–22 fiscal year, requires an eligible pupil who is also a foster youth, as defined, to receive…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 26, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Student financial aid: California Kids Investment and Development Savings (KIDS) Program: foster youth. | 52