California · 2025–26 Regular Session · Assembly Bill
AB 123: Higher education budget trailer bill.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
AB 123 is a assembly bill introduced in the California Assembly on January 8, 2025. According to its official title, it concerns: Higher education budget trailer bill. Primary sponsor: Committee on Budget. Most recent recorded action (June 27, 2025): Chaptered by Secretary of State - Chapter 9, Statutes of 2025.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.
(1)Existing law establishes the Higher Education Student Housing Grant Program to provide one-time grants for the construction of student housing, or for the acquisition and renovation of commercial properties into student housing for the purpose of providing affordable, low-cost housing options for students enrolled in public postsecondary education in the state. Existing law requires the University of California to fund project grants using revenue bond funding issued by the University of California for certain projects.
This bill would require the University of California to fund construction grants for 2 specified student housing projects using revenue bond funding issued by the University of California.
(2)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, as provided.
Existing law requires the governing body of a school district, county office of education, or charter school to confirm that a grade 12 pupil who has not opted out, as specified, completes and submits a Free Application for Federal Student Aid (FAFSA) or, if the pupil is exempt from paying nonresident tuition under existing law, completes and submits a form for purposes of the California Dream Act, as provided.
Commencing with the 2025–26 school year, this bill would require the governing body of a local educational agency to provide each pupil and the pupil’s parent or legal guardian with information about the KIDS Program and the pupil’s potential eligibility for that benefit, as provided. By imposing new duties on local educational agencies, the bill would impose a state-mandated local program.
Existing law, for the 2023–24 and 2024–25 fiscal years, requires the Scholarshare Investment Board to partner with the Los Angeles Unified School District and the Riverside County Office of Education to explore ways to increase participation in the KIDS Program. Existing law requires the board, on or before September 30, 2025, and in collaboration with those local educational agencies, to report certain information to the Department of Finance and the Legislature related to those partnerships.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Committee on Budget | Primary sponsor | Not applicable (committee) | Assembly | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Chaptered by Secretary of State - Chapter 9, Statutes of 2025.
- Approved by the Governor.
- Enrolled and presented to the Governor at 3:15 p.m.
- Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 1. Page 2335.).
- Assembly Rule 63 suspended. (Ayes 54. Noes 19. Page 2329.)
- In Assembly. Concurrence in Senate amendments pending.
- Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 1806.).
- Read second time. Ordered to third reading.
- From committee: Do pass. (Ayes 18. Noes 0.) (June 25).
- From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F. R.
- Referred to Com. on B. & F. R.
- In Senate. Read first time. To Com. on RLS. for assignment.