reglab/statecodes huggingface dataset:
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69958.

69958. (a) Each participating public postsecondary educational institution shall collaborate with local employers to identify learning-aligned employment opportunities that are located near the institution, aligned with the areas of study offered by the institution, and aligned with an eligible student’s area of study. Each learning-aligned employment position identified by an institution shall be reviewed by the appropriate institution’s staff to determine whether it satisfies all of the conditions specified in Section 69960.
(b) Once the public postsecondary educational institution has identified a learning-aligned employment position, the employer and the institution shall execute a written agreement that confirms the employer’s eligibility to participate in the program and its willingness to comply with all program requirements, and specifies the responsibilities of each of the parties. The agreement shall be subject to annual renewal by mutual agreement of the institution and the employer.
(c) Following execution of the agreement pursuant to subdivision (b), the employer may interview prospective students. The institution shall provide the employer and each applicant for the learning-aligned employment position with adequate information to facilitate a student’s potential employment. If the priorities specified in Section 69959 have been met, the employer may indicate the employer’s hiring preferences. An employer shall not discriminate between applicants on any basis listed in subdivision (a) of Section 12940 of the Government Code, as those bases are defined in Sections 12926 and 12926.1 of the Government Code, except as otherwise provided in Section 12940 of the Government Code, or subject any applicant to any other discriminatory practices prohibited by state or federal law.
(Amended by Stats. 2021, Ch. 144, Sec. 38. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69959.

69959. Both of the following priorities shall be followed at the time of job referral and placement:
(a) A student shall only be placed in an educationally beneficial position that relates to the student’s area of study, career objective, or the exploration of career objectives.
(b) The program shall include and emphasize placements for students with employers that are capable of providing them with full-time employment opportunities, or opportunities to connect with other employers that are capable of providing them with full-time employment opportunities, within their areas of study after graduation.
(Amended by Stats. 2021, Ch. 144, Sec. 39. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69960.

69960. The institution shall assure that each learning-aligned employment position meets all of the following conditions:
(a) The position shall be educationally beneficial or related to a particular career interest or the exploration of career options.
(b) The work performed by the student shall not be related to the activities of any sectarian organization or to any partisan or nonpartisan political activities.
(c) The employment of a learning-aligned employment student shall not displace workers currently employed by the participating employer, or impair existing contracts for services.
(d) The learning-aligned employment position shall not violate any applicable collective bargaining agreements, or fill any vacancies due to a labor dispute.
(e) The student shall be paid at a comparable rate to that paid for comparable positions within the employing organization. If the employing organization has no comparable position, the student shall be paid at a rate comparable to that paid by other organizations in the field for work involving comparable duties and responsibilities. The positions shall be compared on the basis of the nature of the work performed and the background and skills required for the position, and not upon the employee’s part-time or student status.
(f) The number of hours of learning-aligned employment the student is allowed to work shall be determined by each public postsecondary educational institution in accordance with its standards and practices, taking into consideration the extent of the student’s financial need and the potential harm of the combination of work and study hours on a student’s satisfactory academic progress. The employer shall provide the institution with an accurate accounting of hours worked and wages earned.
(g) The total compensation received by the student shall not exceed the total amount authorized by the institution.
(h) The employer shall provide the student with reasonable supervision.
(i) Funds appropriated under this article shall not supplant any state, federal, or institutional funds used to support existing paid positions for students in profit or nonprofit organizations.
(Amended by Stats. 2021, Ch. 144, Sec. 40. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69962.

69962. A participating institution shall do both of the following:
(a) Develop partnerships with employers willing to contribute resources toward a percentage share of student compensation to be paid by the employer and by the program, respectively.
(1) (A) For learning-aligned employment positions with public educational institutions or nonprofit corporations, the program shall provide no more than 90 percent of the student’s compensation.
(B) Notwithstanding subparagraph (A), if the direct employer is the University of California, the California State University, the California Community Colleges, or one of its respective campuses, the program may provide 100 percent of the student’s compensation.
(2) For learning-aligned employment positions with for-profit employers, the program shall provide no more than 50 percent of the student’s compensation.
(b) For each learning-aligned employment position, maintain all necessary records, including, but not limited to, need analysis documents, employer agreements, financial aid award documents, time sheets, and records of payments provided to the student.
(Amended by Stats. 2021, Ch. 144, Sec. 41. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69963.

69963. A participating public postsecondary educational institution is strongly encouraged to develop competency-based educational opportunities in order to grant academic credit for work performed in a learning-aligned employment position.
(Amended by Stats. 2021, Ch. 144, Sec. 42. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69964.

69964. (a) The program may include summer learning-aligned employment opportunities in order to provide learning-aligned employment positions for eligible students who may find it difficult to locate meaningful employment because of a rigorous academic program that does not allow them to work during the academic year or because they are required to participate in an intensive work experience that satisfies academic requirements.
(b) In addition to meeting the criteria specified in Section 69956, to be eligible to participate in a summer learning-aligned employment program opportunity, a student shall be enrolled at least half-time in summer courses required for completion of a degree or certificate, or accepted for enrollment on at least a half-time basis for the following normal academic term.
(Amended by Stats. 2021, Ch. 144, Sec. 43. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69967.

69967. (a) The commission, in consultation with the office of the President of the University of California, the office of the Chancellor of the California State University, and the office of the Chancellor of the California Community Colleges, shall do all of the following:
(1) Develop and post on its internet website any necessary programmatic policies and guidelines to assist participating employers and public postsecondary educational institutions to operate the program.
(2) Develop processes to facilitate public postsecondary educational institution compliance with the priorities stated in Section 69959.
(3) Develop processes to facilitate the monitoring of institutional expenditures to ensure proper allocation and use of program funds.
(b) At the close of each fiscal year, in a manner to be determined by the commission, the office of the President of the University of California, the office of the Chancellor of the California State University, and the office of the Chancellor of the California Community Colleges shall compile data regarding the population served by the program by their respective campuses during that fiscal year and provide the data to the commission.
(c) The office of the President of the University of California, the office of the Chancellor of the California State University, and the office of the Chancellor of the California Community Colleges shall review the administrative practices of each of their respective participating campuses to ensure compliance with program requirements. The office of the President of the University of California, the office of the Chancellor of the California State University, and office of the Chancellor of the California Community Colleges are encouraged to use existing institutional compliance and auditing processes to verify program compliance.
(Amended by Stats. 2021, Ch. 144, Sec. 46. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 18 - Learning-Aligned Employment Program › Section 69969.

69969. (a) Funds appropriated in the annual Budget Act or another statute for purposes of the program shall be provided to the commission for allocation to participating public postsecondary educational institutions based on their share of students receiving a federal Pell Grant in the most recent prior fiscal year for which data is available for all program participants.
(b) A participating public postsecondary educational institution may use no more than 5 percent of the funds it receives under the program on its administrative costs of participating in the program.
(c) The commission may use up to one-half of 1 percent of the funds appropriated for purposes of this article on the costs of administering the program.
(d) (1) Funds appropriated in the annual Budget Act or another statute for purposes of the program shall be available for encumbrance and expenditure until June 30, 2031.
(2) (A) For the 2021–22 fiscal year, participating campuses of a participating public postsecondary educational institution are expected to collaborate with local employers to identify learning-aligned employment positions pursuant to section 69958.
(B) Commencing no later than the 2022–23 fiscal year, participating campuses of a participating public postsecondary educational institution are expected to enable participating eligible students to access available learning-aligned employment opportunities identified pursuant to the requirements of this article.
(Amended by Stats. 2022, Ch. 54, Sec. 19. (AB 183) Effective June 30, 2022.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69982.

69982. In addition to the powers and authority granted pursuant to Section 69981, the board shall have the powers and authority to do all of the following:
(a) Carry out studies and projections in order to advise participants regarding present and estimated future higher education expenses and the levels of financial participation in the Scholarshare trust required in order to enable participants to achieve their education funding objectives.
(b) Contract for goods and services and engage personnel, including consultants, actuaries, managers, counsel, and auditors, as necessary for the purpose of rendering professional, managerial, and technical assistance and advice.
(c) Participate in any other way in any federal, state, or local governmental program for the benefit of the Scholarshare trust.
(d) Promulgate, impose, and collect administrative fees and charges in connection with transactions of the Scholarshare trust, and provide for reasonable service charges, including penalties for cancellations.
(e) Procure insurance against any loss in connection with the property, assets, or activities of the Scholarshare trust.
(f) Administer the funds of the Scholarshare trust.
(g) Procure insurance indemnifying any member of the board from personal loss or liability resulting from a member’s action or inaction as a member of the board.
(h) Adopt reasonable regulations for the administration of the Scholarshare trust.
(i) Set minimum and maximum investment levels.
(j) (1) Except as otherwise provided in this section, the overall maximum investment level for a designated beneficiary shall not exceed the amount equivalent to the maximum estimated qualified higher education expenses, as defined by subdivision (l) of Section 69980 and established by the board, that can be incurred by a beneficiary. The maximum investment level shall be published by the board as a monetary amount, in order to state contribution limits clearly and to encourage participation on behalf of beneficiaries who will attend all types of higher education institutions, both public and independent.
(2) Contributions by entities exempt from taxation pursuant to Section 501(c)(3) of the Internal Revenue Code and state and local government agencies operating bona fide scholarship programs for the benefit of beneficiaries to be named when the scholarships are awarded are not subject to maximum contribution limits.
(Amended by Stats. 2005, Ch. 318, Sec. 3. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69983.

69983. The Scholarshare trust may enter into participation agreements with participants on behalf of beneficiaries pursuant to the following terms and agreements:
(a) The board may specify a required minimum length of time before distributions for higher education expenses may be made, and may impose a penalty on the early distribution of funds if deemed by the board to be necessary.
(b) Beneficiaries designated in participation agreements may be designated from date of birth.
(c) Participants shall be informed that the execution of a participation agreement by the Scholarshare trust shall not guarantee in any way that higher education expenses will be equal to projections and estimates provided by the Scholarshare trust or that the beneficiary named in any participation agreement will do any of the following:
(1) Be admitted to an institution of higher education.
(2) If admitted, be determined a resident for tuition purposes by the institution of higher education.
(3) Be allowed to continue attendance at the institution of higher education following admission.
(4) Graduate from the institution of higher education.
(5) Have sufficient savings to cover fully all qualified education expenses of attending an institution of higher education.
(d) Beneficiaries may be changed as permitted by the regulations of the board upon request of the participant, provided that the substitute beneficiary is eligible.
(e) Participation agreements shall be freely amended throughout their terms in order to enable participants to change the designation of beneficiaries and carry out similar matters.
(f) Each participation agreement shall provide that the participation agreement may be canceled upon the terms and conditions set forth and contained in the regulations adopted by the board.
(g) All contributions to Scholarshare accounts shall be in cash.
(Amended by Stats. 2005, Ch. 318, Sec. 4. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69985.

69985. (a) Any participant may cancel a participation agreement at will. A participant shall be entitled to a refund upon cancellation thereof of an amount equal to the then current market value of the amount of all contributions made to his or her account.
(b) Upon the occurrence of any of the following circumstances, no penalty shall be levied by the Scholarshare trust in the event of cancellation of a participation agreement:
(1) Death or disability of the beneficiary.
(2) The beneficiary’s receipt of a scholarship or allowance or payment described in Section 25A(g)(2) of the Internal Revenue Code received by the designated beneficiary, to the extent that the amount refunded does not exceed the amount of the scholarship, allowance, or payment.
(c) In the event of cancellation of a participation agreement for any of the causes listed in subdivision (b), the participant shall be entitled to a refund equal to the then current market value of the amount of all contributions made by the participant under the participation agreement.
(d) Any cancellation of a participation agreement shall be deemed to be made as of the close of business for the calendar month during which notice of the cancellation is received by the board, and the current market value of contributions as of that date shall be determined by utilizing the monthly report for that month pursuant to subparagraph (B) of paragraph (2) of subdivision (a) of Section 69984.
(Amended by Stats. 2002, Ch. 406, Sec. 4. Effective September 9, 2002.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69989.

69989. (a) The board shall submit an annual audited financial report, prepared in accordance with generally accepted accounting principles, on the operations of the Scholarshare trust by October 31 to the Governor, the Controller, the State Auditor, and the Legislature. The annual audit shall be made by an independent certified public accountant, and shall include, but need not be limited to, direct and indirect costs attributable to the use of outside consultants, independent contractors, and any other persons who are not state employees. Any contributions to the Scholarshare trust that are not directed to a specified beneficiary shall be accounted for and treated separately in the annual audit.
(b) The annual audit shall be supplemented by the following information prepared by the board:
(1) Any studies or evaluations prepared in the preceding year.
(2) A summary of the benefits provided by the Scholarshare trust, including the number of participants and beneficiaries in the Scholarshare trust.
(3) Any other information that is relevant in order to make a full, fair, and effective disclosure of the operations of the Scholarshare trust.
(Amended by Stats. 2005, Ch. 318, Sec. 7. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69990.

69990. (a) The board shall provide an annual listing of distributions to individuals with respect to an interest in a participation agreement to the Franchise Tax Board at a time and in a manner and form as specified by the Franchise Tax Board. The taxpayers’ identification numbers obtained through the participation agreement process shall be used exclusively for state and federal tax administration purposes.
(b) The board shall make a report to the appropriate individual of any distribution to any individual with respect to an interest in a participation agreement, at a time and in a form and manner as required by the Franchise Tax Board.
(c) The board also shall report annually to each participant or beneficiary all of the following:
(1) The value of the beneficiary’s account.
(2) The interest earned thereon.
(3) The rate of return of the investments in the beneficiary’s account for that reporting period.
(4) Information on investments and education costs that participants can use to set savings goals and contribution amounts.
(5) Information regarding the trends in qualified higher education expenses at the state’s public segments of higher education, which shall include, but need not be limited to, the following:
(A) The actual increase or decrease in qualified higher education expenses in the prior year.
(B) To the extent possible, any proposals by the segments to increase or decrease fees or tuition in the next fiscal year.
(C) To the extent possible, any proposals by the Legislature or the Governor to increase or decrease fees or tuition in the next fiscal year.
(D) An Internet Web site and toll-free telephone number where the names of the State Senator and Assembly Member who represent the district in which the participant or beneficiary resides, and a business address and telephone number where they may be reached, may be accessed.
(d) The board, as an advocate for affordable higher education opportunities for participants and beneficiaries of the program, shall also provide a means for participants or beneficiaries to express concerns or comments regarding the Scholarshare trust program and any information required to be reported by this section.
(Amended by Stats. 2005, Ch. 318, Sec. 8. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69991.

69991. The assets of the trust, including the program fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the state. The assets shall not be transferred or used by the State of California for any purposes other than the purposes of the trust.
(Added by Stats. 1997, Ch. 851, Sec. 2. Effective January 1, 1998.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69992.

69992. The board shall aggressively market this program to the citizens of the State of California. The board shall include in its marketing efforts information designed to educate citizens about the benefits of saving for higher education and information to help them decide the level of Scholarshare participation and the combination of savings strategies that may be appropriate for them. The board shall also develop a mechanism to keep participants in this program motivated about their current and future academic endeavors.
(Amended by Stats. 2005, Ch. 318, Sec. 9. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69993.

69993. Funding for startup and first-year administrative costs shall be appropriated from the General Fund in the annual Budget Act. The board shall repay, within five years, the amount appropriated, plus interest calculated at the rate earned by the Pooled Money Investment Account. Necessary administrative costs in future years shall be paid out of the administrative fund.
(Amended by Stats. 2005, Ch. 318, Sec. 10. Effective January 1, 2006.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69993.5.

69993.5. The board may adopt regulations for the purposes of this chapter 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 of the Government Code). For the purposes of the Administrative Procedure Act, including Section 11349.6 of the Government Code, 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, notwithstanding subdivision (e) of Section 11346.1 of the Government Code. Notwithstanding subdivision (e) of Section 11346.1 of the Government Code, any regulation adopted pursuant to this section shall not remain in effect more than 180 days unless the board complies with rulemaking provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code), as required by subdivision (e) of Section 11346.1 of the Government Code.
(Amended by Stats. 1999, Ch. 664, Sec. 9. Effective January 1, 2000.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69993.7.

69993.7. No public funds nor any funds available pursuant to this article may be expended to pay for, nor shall the board enter into any agreement that provides for, the appearance of any elected official or declared candidate for public office in any paid advertisement promoting the act.
(Added by Stats. 1999, Ch. 664, Sec. 10. Effective January 1, 2000.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19 - Golden State Scholarshare Trust Act › Section 69994.

69994. This act shall be construed liberally in order to effectuate its legislative intent. The purposes of this act and all of its provisions with respect to powers granted shall be broadly interpreted to effectuate that intent and purposes and not as to any limitation of powers.
(Added by Stats. 1997, Ch. 851, Sec. 2. Effective January 1, 1998.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.

69996. This article shall be known, and may be cited, as the California Kids Investment and Development Savings Program or KIDS Program.
(Added by Stats. 2019, Ch. 53, Sec. 16. (SB 77) Effective July 1, 2019.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.1.

69996.1. The California Kids Investment and Development Savings Program is hereby established. The board shall administer the program for the purposes of expanding access to higher education through savings.
(Added by Stats. 2019, Ch. 53, Sec. 16. (SB 77) Effective July 1, 2019.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.2.

69996.2. For purposes of this article, unless the context requires otherwise, the following definitions apply:
(a) “Account” means a Scholarshare 529 account established pursuant to this article under Article 19 (commencing with Section 69980), or other child savings plan where applicable and as determined by the board.
(b) “Beneficiary” is an eligible child receiving funds under the program.
(c) “Board” means the Scholarshare Investment Board created pursuant to Section 69984.
(d) “Enhanced deposit” means an initial or supplemental contribution into a KIDS Account or another plan option determined by the board pursuant to Section 69996.9.
(e) “Fund” means the California Kids Investment and Development Savings Program Fund established pursuant to subdivision (a) of Section 69996.6.
(f) “Institution of higher education” has the same meaning as “eligible educational institution,” as provided in Section 529(e)(5) of the Internal Revenue Code, and registered apprenticeship programs registered under the National Apprenticeship Act of 1937 (29 U.S.C. Sec. 50 et seq.), except as provided in Section 3226 of Title 29 of the United States Code.
(g) “Internal Revenue Code” means the Internal Revenue Code of 1986, as it is amended from time to time, if, as determined by the board, the amendment is consistent with the purposes of this article.
(h) “KIDS Account” means an account in which designated funding for eligible children is held.
(i) “Low-income households” means households with a total annual adjusted gross income less than seventy-five thousand dollars ($75,000) or households identified by the board by other means as low-income for purposes of the program.
(j) “Participant” means one of the following:
(1) A parent or legal guardian of an eligible child.
(2) A parent or legal guardian of a child described in subdivision (i) of Section 69996.3.
(3) Any private individual or entity who contributes moneys to the program.
(k) “Program” means the California Kids Investment and Development Savings Program established pursuant to this article.
(l) “Qualified higher education expenses” means the expenses of attendance at an institution of higher education, as provided in Section 529(e)(3) of the Internal Revenue Code, or at a registered apprenticeship program, as provided in Section 529(c)(8) of the Internal Revenue Code. Notwithstanding Section 529(c)(7) of the Internal Revenue Code, “qualified higher education expenses” shall not include any tuition expenses in connection with enrollment or attendance at an elementary or secondary public, private, or religious school.
(m) “Seed deposit” means an initial contribution into a KIDS Account for a child born on or after a date determined by the board.
(Amended by Stats. 2022, Ch. 54, Sec. 20. (AB 183) Effective June 30, 2022.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.4.

69996.4. The board shall have the power and authority to do all of the following:
(a) Sue and be sued.
(b) Make and enter into contracts necessary for the implementation and administration of the program.
(c) Cause moneys in the fund to be held and invested and reinvested.
(d) Enter into agreements with any institution of higher education or any federal or state agency or other entity as required for the effectuation of its rights and duties.
(e) Accept any grants, gifts, appropriations, and other moneys from any unit of federal, state, or local government or any other person, firm, partnership, or corporation for deposit to the fund.
(f) Make payments to institutions of higher education on behalf of beneficiaries.
(g) Make provisions for the payment of costs of administration and operation of the program.
(h) Carry out the duties and obligations of the program pursuant to this article and have all other powers as may be necessary for the effectuation of the purposes, objectives, and provisions of this article.
(i) Carry out studies and projections to advise participants regarding present and estimated future higher education expenses.
(j) Contract for goods and services and engage personnel, including consultants, actuaries, managers, counsel, and auditors, as necessary for the purpose of rendering professional, managerial, and technical assistance and advice.
(k) Participate in any federal, state, or local governmental program for the benefit of the program.
(l) Procure insurance against any loss in connection with the property, assets, or activities of the program.
(m) Administer the funds of the program.
(n) Adopt regulations for the implementation and administration of the program.
(Added by Stats. 2019, Ch. 53, Sec. 16. (SB 77) Effective July 1, 2019.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.5.

69996.5. The board may consider marketing the program to California residents. The board may include in its marketing efforts information designed to educate California residents about the benefits of saving for higher education and information to help them decide the combination of savings strategies that may be appropriate for them.
(Added by Stats. 2019, Ch. 53, Sec. 16. (SB 77) Effective July 1, 2019.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.7.

69996.7. (a) Funds appropriated pursuant to Schedule 1 of Item 0954-162-8506 of Section 2.00 of the Budget Act of 2021 shall be used to support program enhanced deposits and to establish KIDS Accounts for eligible children who do not already have a KIDS Account established. For the 2021–22 fiscal year, funds appropriated pursuant to Provision 2 of Item 0954-101-0001 of Section 2.00 of the Budget Act of 2021 shall be used to support program enhanced deposits and to establish KIDS Accounts for eligible children that are ineligible to receive funds appropriated pursuant to Schedule 1 of Item 0954-162-8506 of Section 2.00 of the Budget Act of 2021. Commencing with the 2022–23 fiscal year, funds appropriated pursuant to Provision 2 of Item 0954-101-0001 of Section 2.00 of the annual Budget Act shall be used to support program enhanced deposits and to establish KIDS Accounts for eligible children who do not already have a KIDS Account established.
(b) All assets of the fund and moneys allocated to individual KIDS Accounts shall be considered to be owned by the state until used for the payment of qualified higher education expenses at an institution of higher education.
(c) Deposits made to the fund or disbursements from the fund allocated to individual participant KIDS Accounts shall be invested through a Scholarshare 529 account or through another investment plan determined by the board.
(d) This article shall not be construed to prevent any child from seeking private or other funding sources to supplement the amount of funds deposited in the child’s KIDS Account.
(e) Notwithstanding any other law, funds deposited and investment returns accrued in a KIDS Account established pursuant to this article shall augment and not supplant student financial aid from other public sources, and shall not be considered when calculating eligibility for student financial aid.
(f) Notwithstanding any other law, funds deposited and investment returns accrued in a KIDS Account established pursuant to this article and claimed by a recipient pursuant to this article shall be exempt from state income tax liability.
(g) To the extent permissible under federal law, funds deposited and investment returns accrued in a KIDS Account established pursuant to this article shall not be considered in the federal needs analysis for student financial aid, as they shall be considered an asset of the state until used for the payment of qualified higher education expenses at an institution of higher education.
(Added by Stats. 2021, Ch. 144, Sec. 54. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 19.5 - California Kids Investment and Development Savings Program › Section 69996.8.

69996.8. (a) The board may establish rules and regulations to ensure that money in a KIDS Account established pursuant to this article is disbursed directly to the institution of higher education indicated on the award recipient’s claim form. These rules and regulations, if established, shall ensure that the program meets all applicable criteria for federal tax-deferral benefits, federal tax-exempt benefits, or both.
(b) Moneys in the fund or in KIDS Accounts authorized under this article are nontransferable to any person other than the award recipient or any other entity than the institution of higher education indicated on the award recipient’s claim form, and may only be used for the purposes stated in this article. Moneys in the fund or in KIDS Accounts authorized by this article shall not be pledged as collateral for any loan.
(c) The board shall request each KIDS Account recipient or their parent or legal guardian to voluntarily report personal information about the award recipient, including, but not limited to, ethnicity, gender, and family income. The board shall compile and retain that information in a confidential manner so that the personal information of any award recipient is not publicly disclosed in a manner that may be associated with a particular individual.
(Added by Stats. 2021, Ch. 144, Sec. 55. (AB 132) Effective July 27, 2021.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.5 - Management and Disbursement of Funds Previously Set Aside for Repealed Governor s Scholarship Programs › Section 69999.7.

69999.7. (a) Notwithstanding any other provision of law, not later than 30 days after enactment of the Budget Act of 2004, the Scholarshare Investment Board shall transfer from the Golden State Scholarshare Trust to the General Fund the lesser of (1) fifty million dollars ($50,000,000) or (2) the balance resulting from unclaimed awards in the Golden State Scholarshare Trust that exceeds five million dollars ($5,000,000) as of the close of business on the business day preceding the transfer.
(b) The amount remaining in the Golden State Scholarshare Trust after the transfer required by subdivision (a) shall be available as a reserve for funding claims for these awards. If claims for these awards exceed four million dollars ($4,000,000) of the reserve established by this act in the Golden State Scholarshare Trust, the Scholarshare Investment Board shall notify the Controller of the amount of any shortfall of funds for the payment of claims, and the Controller shall transfer an amount of money equal to the shortfall from the General Fund to the Golden State Scholarshare Trust.
(Added by Stats. 2004, Ch. 227, Sec. 15. Effective August 16, 2004.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.5 - Management and Disbursement of Funds Previously Set Aside for Repealed Governor s Scholarship Programs › Section 69999.8.

69999.8. As used in this article:
(a) “Board” means the Scholarshare Investment Board established pursuant to subparagraph (B) of paragraph (2) of subdivision (a) of Section 69984.
(b) “Former Article 20” means former Article 20 (commencing with Section 69995) of Chapter 2 of Part 42 of the Education Code, as it read on January 1, 2003.
(Added by Stats. 2004, Ch. 227, Sec. 15. Effective August 16, 2004.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.7 - California Military Department GI Bill Award Program › Section 69999.10.

69999.10. This article shall be known, and may be cited, as the California Military Department GI Bill.
(Amended by Stats. 2018, Ch. 547, Sec. 2. (AB 2722) Effective January 1, 2019. Article conditionally operative as provided in Section 69999.28.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.7 - California Military Department GI Bill Award Program › Section 69999.12.

69999.12. There is hereby established the California Military Department GI Bill Award Program.
(Amended by Stats. 2018, Ch. 547, Sec. 3. (AB 2722) Effective January 1, 2019. Article conditionally operative as provided in Section 69999.28.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.7 - California Military Department GI Bill Award Program › Section 69999.14.

69999.14. The Legislature finds and declares all of the following:
(a) The California Military Department exists to provide a military organization in California with the capability to protect the lives and property of the people of the state during periods of natural disaster and civil disturbances, and to perform other functions required by the Military and Veterans Code or as directed by the Governor.
(b) The California Military Department performs an essential public purpose in protecting the health, safety, and property of California’s citizens and, in order to fulfill its objectives, it is necessary for the California Military Department to have sufficient service members to deal with natural or human-caused disasters and emergencies.
(c) The state-sponsored education benefit is an important tool used to ensure that the California Military Department attracts and retains highly competent and capable service members who stand ready to immediately respond to the state’s call.
(d) The California Military Department GI Bill is an investment in the men and women who serve California faithfully. This incentive ensures that members of the California National Guard and the California State Guard are not placed at an educational disadvantage when compared to their active duty or reserve component counterparts.
(e) The Legislature and the California Military Department believe that every service member who takes the oath to serve this great state needs to be afforded the best opportunity to achieve a higher education.
(Amended by Stats. 2020, Ch. 97, Sec. 7. (AB 2193) Effective January 1, 2021. Article conditionally operative as provided in Section 69999.28.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.7 - California Military Department GI Bill Award Program › Section 69999.18.

69999.18. (a) The Student Aid Commission is responsible for issuing awards authorized by Section 69999.16, upon receipt of a certificate from the Adjutant General verifying that the applicant meets the eligibility requirements of this article. The commission shall provide any information to the Military Department that is necessary to meet the reporting requirements of Section 69999.24.
(b) The amount of an award issued pursuant to this article shall be as follows:
(1) For a recipient attending the University of California or the California State University, the maximum amount of the Cal Grant A award, pursuant to Section 66021.2, as adjusted in the annual Budget Act.
(2) For a recipient attending a community college, the maximum amount of the Cal Grant B award, pursuant to Section 66021.2, as adjusted in the annual Budget Act.
(3) For a recipient attending a nonpublic institution, the maximum amount of a Cal Grant A award for a student attending the University of California pursuant to Section 66021.2, as adjusted in the annual Budget Act.
(c) An award used for graduate studies shall not exceed the maximum amount of a Cal Grant A award, as specified in paragraph (1) of subdivision (b).
(d) The award amount under subdivisions (b) and (c) shall not exceed the difference between the recipient’s cost of attendance and any other student financial aid and educational benefits pursuant to the federal Montgomery GI Bill (38 U.S.C. Sec. 3001 et seq.) or any other federal educational benefits program for veterans.
(e) California Military Department GI Bill awards may be renewed for each new academic year, for a maximum of the greater of either (1) four years of full-time equivalent enrollment or (2) the duration for which the qualifying member would otherwise be eligible pursuant to the Cal Grant Program (Chapter 1.7 (commencing with Section 69430)), if the Adjutant General certifies the qualifying member’s eligibility and the qualifying member maintains at least a 2.0 cumulative grade point average.
(Amended by Stats. 2018, Ch. 547, Sec. 6. (AB 2722) Effective January 1, 2019. Article conditionally operative as provided in Section 69999.28.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 5 - GENERAL PROVISIONS › PART 42 - STUDENT FINANCIAL AID PROGRAM › CHAPTER 2 - Student Financial Aid Programs › ARTICLE 20.7 - California Military Department GI Bill Award Program › Section 69999.20.

69999.20. Qualifying members shall not receive both a California Military Department GI Bill award and any Cal Grant award for the same academic year. A qualifying member under this article who is also eligible for a Cal Grant award may elect between an award under this article and any Cal Grant award for the same academic year.
(Amended by Stats. 2018, Ch. 547, Sec. 7. (AB 2722) Effective January 1, 2019. Article conditionally operative as provided in Section 69999.28.)