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Existing law establishes the California Financial Literacy Fund in the State Treasury for the purpose of enabling partnerships with the financial services community and governmental and nongovernmental stakeholders to improve financial literacy within the state. Existing law requires the fund to be administered by the Controller, who is authorized, among other things, to deposit private donations into the fund, as specified. Existing law requires those moneys to be made available upon appropriation in the annual Budget Act, and requires the Controller to report annually to the Legislature on the use of those moneys appropriated from the fund, as specified. This bill would repeal those provisions.
Introduced
Feb 20, 2025
Last Action
Jan 26, 2026
Session
CA 20252026
Sponsors
1 primary · 0 co
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 39. Noes 0. Page 3286.) Ordered to the Assembly.
Read second time. Ordered to consent calendar.
From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
Set for hearing January 20.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3187.) (January 7). Re-referred to Com. on APPR.
Re-referred to Com. on B. & F.I.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on HOUSING.
Withdrawn from committee.
Re-referred to Com. on RLS.
Set for hearing January 7 in B. & F.I. pending receipt.
Referred to Coms. on HOUSING and JUD.
From printer. May be acted upon on or after March 23.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
In Assembly. Read first time. Held at Desk.