Code Section Group

Government Code - GOV


TITLE 19. The Every Kid Counts (EKC) Act [99100 - 99109]
  ( Title 19 added by Stats. 2017, Ch. 23, Sec. 23. )

99100.
  

This act shall be known, and may be cited, as the Every Kid Counts (EKC) Act.

(Added by Stats. 2017, Ch. 23, Sec. 23. Effective June 27, 2017.)

99101.
  

The Legislature finds and declares all of the following:

(a) Children who have even small savings accounts for college are seven times more likely to attend and graduate from college.

(b) College enrollment among low-income students has risen but significantly lags behind the enrollment of middle- and high-income students. In 2012, about 51 percent of recent low-income high school graduates and equivalency holders were enrolled in college, while enrollment among middle- and high-income students had risen to nearly 65 percent and 81 percent, respectively.

(c) Recent pilot programs in California and throughout the nation have proven that low-income people can save if they have incentives and mechanisms encouraging them to do so.

(Added by Stats. 2017, Ch. 23, Sec. 23. Effective June 27, 2017.)

99102.
  

(a) There is hereby established the Every Kid Counts (EKC) College Savings Program.

(b) Upon appropriation by the Legislature, the Scholarshare Investment Board shall implement and administer a college savings program that incentivizes families to participate in a qualified tuition program established pursuant to Article 19 (commencing with Section 69980) of Chapter 2 of Part 42 of Division 5 of Title 3 of the Education Code or other college savings programs.

(Amended by Stats. 2017, Ch. 250, Sec. 10. Effective September 16, 2017.)

99104.
  

(a) Before implementing a new program pursuant to this title, the board shall consider all of the following:

(1) How best to incentivize low-income families to participate in a qualified tuition program established pursuant to Article 19 (commencing with Section 69980) of Chapter 2 of Part 42 of Division 5 of Title 3 of the Education Code or other college savings programs.

(2) How best to work with local governments, school districts, nonprofits, or other entities to develop programs that automatically enroll families into a qualified tuition program established pursuant to Article 19 (commencing with Section 69980) of Chapter 2 of Part 42 of Division 5 of Title 3 of the Education Code or other college savings programs.

(3) Strategies to select a target population and enrollment strategy, to determine appropriate funding levels for seed money or matching funds, to plan for family and child engagement, and to determine other programming that could encourage financial literacy or college-going behavior.

(b) The board shall consult with relevant committees in the Legislature and the Department of Finance before implementing a program pursuant to this title. The board shall report to the Director of Finance and the Joint Legislative Budget Committee, no later than 30 days before any encumbrances or expenditures of funds appropriated for purposes of this title, regarding its plan for the use of the funds.

(Repealed and added by Stats. 2017, Ch. 250, Sec. 13. Effective September 16, 2017.)

99106.
  

(a) The board shall adopt regulations as it deems necessary to implement and administer this title.

(b) The board may adopt regulations to implement and administer this title as emergency regulations in accordance with the rulemaking provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2). The adoption of the regulations shall be deemed to be an emergency and necessary for the immediate preservation of the public peace, health and safety, or general welfare.

(Added by Stats. 2017, Ch. 23, Sec. 23. Effective June 27, 2017.)

99108.
  

The board may use up to three percent of any legislative appropriation for this part for administration of the program.

(Added by Stats. 2017, Ch. 23, Sec. 23. Effective June 27, 2017.)

99109.
  

(a) The board may, in implementing and administering this title, consider whether and how proposed actions allow for rigorous evaluation, such as through experimental or quasi-experimental methods, of the effects of a program established pursuant to this title, including whether the program causes each of the following:

(1) Families to open a Scholarshare account.

(2) Families to make college savings contributions.

(3) Children to attend college.

(4) Children to graduate from college.

(b) Consistent with other laws, the board may make data available to allow for the rigorous evaluation described in subdivision (a).

(Amended by Stats. 2017, Ch. 250, Sec. 16. Effective September 16, 2017.)

GOVGovernment Code - GOV