republic-os/legislation/us/states/ca/20212022/ab-2821.md

---
type: "Bill"
title: "California Kids Investment and Development Savings Program."
description: "Existing law establishes the California Kids Investment and Development Savings (KIDS) Program, under the administration of the Scholarshare Investment Board, for the purposes of expanding access to higher education through savings. Existing law establishes the California Kids Investment and Development Savings Program Fund in the State Treasury to serve as the initial repository of all moneys received from state and private sources for the KIDS Program, and continuously appropriates moneys in the fund to the board for the KIDS Program. Existing law requires moneys in the fund, subject to availability, to be deposited in KIDS Accounts, one designated for each California resident child born on or after a date to be determined by the board, as provided. Existing law requires the board to provide awards from these KIDS Accounts, as specified, for each recipient child's qualified higher education expenses at an eligible institution of higher education. Existing law requires the board, on or before June 30, 2022, and annually thereafter, to report to the Department of Finance and the Legislature, information pertaining to the KIDS program's implementation, as provided."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20212022"
identifier: "AB 2821"
citation: "California AB 2821 (20212022)"
classification: ["bill"]
subjects: ["California Kids Investment and Development Savings Program."]
status: "enacted"
primary_sponsors: ["Nazarian"]
version_count: 7
action_count: 23
vote_count: 5
first_action: "2022-02-18"
last_action: "2022-08-22"
source: "openstates"
source_identifier: "ocd-bill/ad8c5b2c-1928-40cd-bd36-f5b2f6ad1e48"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2821"
source_hash: "76f2e64c4c2ad58e523e69de803b76fefc2829722be6597b54288d856b68af5d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 2821 (20212022) — California Kids Investment and Development Savings Program.

Existing law establishes the California Kids Investment and Development Savings (KIDS) Program, under the administration of the Scholarshare Investment Board, for the purposes of expanding access to higher education through savings. Existing law establishes the California Kids Investment and Development Savings Program Fund in the State Treasury to serve as the initial repository of all moneys received from state and private sources for the KIDS Program, and continuously appropriates moneys in the fund to the board for the KIDS Program. Existing law requires moneys in the fund, subject to availability, to be deposited in KIDS Accounts, one designated for each California resident child born on or after a date to be determined by the board, as provided. Existing law requires the board to provide awards from these KIDS Accounts, as specified, for each recipient child's qualified higher education expenses at an eligible institution of higher education. Existing law requires the board, on or before June 30, 2022, and annually thereafter, to report to the Department of Finance and the Legislature, information pertaining to the KIDS program's implementation, as provided.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/18/22 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282199INT)
2. **03/24/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282198AMD)
3. **04/04/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282197AMD)
4. **04/21/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282196AMD)
5. **08/22/22 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282194CHP)
6. **AB2821** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2821)
7. **08/08/22 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2821&version=20210AB282195ENR)

## Votes

- Do pass. To Consent Calendar. — **14–0** (pass) · lower
- AB 2821 Nazarian Consent Calendar Second Day — **65–0** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] — **6–0** (pass) · upper
- Do pass as amended and be re-referred to the Committee on [Appropriations] — **12–0** (pass) · lower
- 3rd Reading AB2821 Nazarian By Cortese Urgency Clause — **37–0** (pass) · upper

## Sponsors

- Nazarian — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-02-18** Introduced. To print. `introduction`
- **2022-02-19** From printer. May be heard in committee March 21.
- **2022-03-24** Referred to Com. on HIGHER ED. `referral-committee`
- **2022-03-24** From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
- **2022-03-28** Re-referred to Com. on HIGHER ED. `referral-committee`
- **2022-04-04** From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
- **2022-04-05** Re-referred to Com. on HIGHER ED. `referral-committee`
- **2022-04-20** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 19). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
- **2022-04-21** Read second time and amended. `amendment-passage, reading-1, reading-2`
- **2022-04-25** Re-referred to Com. on APPR. `referral-committee`
- **2022-05-04** From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 4). `committee-passage, committee-passage-favorable`
- **2022-05-05** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2022-05-12** Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 65. Noes 0. Page 4659.). `passage, reading-1, reading-3`
- **2022-05-12** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2022-05-25** Referred to Com. on ED. `referral-committee`
- **2022-06-08** From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 8). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2022-06-20** From committee: Be ordered to second reading pursuant to Senate Rule 28.8. `committee-passage, reading-2`
- **2022-06-21** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2022-08-08** Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 4677.). `passage, reading-1, reading-3`
- **2022-08-08** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
- **2022-08-09** Enrolled and presented to the Governor at 2 p.m.
- **2022-08-22** Approved by the Governor. `executive-signature`
- **2022-08-22** Chaptered by Secretary of State - Chapter 164, Statutes of 2022. `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ad8c5b2c-1928-40cd-bd36-f5b2f6ad1e48`. Confidence: reported (aggregated from official California legislature records).