529 College Savings Day.
Fiscal committee
No
Current location
Chaptered
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This resolution designates May 29, 2026, as 529 College Savings Day in California. It recognizes the importance of 529 college savings plans in helping families save for their children’s higher education expenses and acknowledges the growth and impact of the ScholarShare 529 College Savings Plan. The resolution highlights the increasing cost of college and student loan debt, and the role of savings plans in mitigating these financial burdens.
Key provisions
- Proclaims May 29, 2026, as 529 College Savings Day in California.
- Recognizes the importance of 529 college savings plans for families.
- Acknowledges the growth and assets of the ScholarShare 529 College Savings Plan.
- Highlights the increasing cost of college tuition.
- Notes the shift towards student loan debt for college graduates.
- References the California Kids Investment and Development Savings Program (CalKIDS).
Who is affected
- California families
- Students and prospective students
- College savings plan participants
- Higher education institutions
Notable changes
- The resolution does not represent a change to existing law.
- It focuses on raising awareness about 529 college savings plans.
Bill text
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Sponsors
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1 on record
Primary sponsor
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