Skip to content

Student financial aid: Golden State Scholarshare Trust Act.

It became law on Jun 26, 2019.

CA AB 853 · Assembly Bill · 2019–2020

Stage
Became law
Started in
Assembly
Sponsors
Latest action
Jun 26, 2019

What it does

Under the Golden State Scholarshare Trust Act, the Scholarshare Investment Board administers the Golden State Scholarshare College Savings Trust, also known as the Scholarshare Trust, which provides financial aid for postsecondary education costs of participating students, as specified. Existing law authorizes the Scholarshare trust to enter into participation agreements with participants on behalf of beneficiaries pursuant to specified terms and agreements. Existing law also authorizes the Scholarshare trust to make payments to institutions of higher education pursuant to participation agreements on behalf of beneficiaries.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 26, 2019

What moved

Loading recorded actions…

Who is involved

Sponsors

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

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Student financial aid: Golden State Scholarshare Trust Act. | 52