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Legislative Year: 2024 Change

Bill Detail: SB24-226

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Title Modifications to College Kickstarter Account Program
Status Sent to the Governor (05/16/2024)
Bill Subjects
  • Higher Education
  • State Government
House Sponsors L. Herod (D)
K. Brown (D)
Senate Sponsors S. Fenberg (D)
J. Marchman (D)
House Committee Finance
Senate Committee Finance
Date Introduced 04/26/2024

The bill modifies the college kickstarter account program
(program). Under current law, an account may be opened by a parent or
parents of an eligible child. The bill expands who may open an account
and be an account sponsor, requiring that an account sponsor must
provide the birth certificate number or order of adoption for an eligible
child in accordance with the requirements of the program to open an
account. The bill also expands the membership of the advisory board,
requires the advisory board to meet at least on a quarterly basis each year,
and makes changes to certain reporting requirements for the program.
Currently, a parent or parents of an eligible child must claim
kickstarter funding within 5 years of the date of the eligible child's birth
or adoption. The bill expands this period to 8 years for an account sponsor
to claim kickstarter funding, and clarifies that an account is an individual
college savings account, which is any collegeinvest account.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (04/29/2024) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
  • Committee activity and documents
  • Bill History
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