Asset Ownership and Policy in California
The New America Foundation and the Asset Policy Initiative of California, in association with Assemblymembers Ted Lieu (D-Torrance) and Ted Gaines (R-Roseville), recently launched the Bipartisan Asset Policy Forum, including a luncheon speaker series designed to educate policymakers, legislative staff and advocates on asset-building issues affecting Californians.
More information about our next discussion, "Assets and Opportunity," is available here.
Legislation
2007-2008 Legislative Session:
- Senate Bill 752 Creating a California Kids Account for Every Child
- Assembly Bill 167 The CalWORKs Savings Act
- Assembly Bill 1502 Establish Banking Development Districts
- Assembly Bill 1693 The Refund to Savings Act
- Assembly Bill 2123 The California Financial Literacy Initiative
- Assembly Bill 2368 The CalWORKs Mobility Initiative
- Assembly Bill 2940: California Employee Savings Program (CalESP)
- Assembly Joint Resolution 59: California Subprime Mortgage Foreclosure Resolution
2005-2006 Legislative Session:
- AB 2466 Reforming the CalWORKs Asset Limit (Signed into Law)
- AB 2439 Split Refunds/Savings Bill (Signed into Law)
Articles
| Article | Date |
|---|---|
| Wheels Versus Welfare | June 19, 2008 |
| The People’s IPO | January 2, 2007 |
| Can California Import a British Plan? | July 31, 2006 |
| Presto! Tax Return Becomes a Nest Egg | April 14, 2006 |
| California Should Improve Awareness of EITC Refund | April 13, 2006 |
| A New Way to Help California's Poor | February 3, 2006 |
| California Schemin' | January 8, 2006 |
| The Un-Banked | October 2, 2005 |
| Joining the 'Ownership Society' | April 10, 2005 |
| IRS Should Help Us Bank Our Refunds | March 30, 2005 |
Policy Papers
| Title | Date |
|---|---|
| Golden Dream Accounts | May 2008 |
| Financial Services Corps | April 2008 |
| The California Assets and Transaction Account | February 2008 |
| Eliminating the CalWORKS Asset Limit | February 2007 |
| Expanding Homeownership in California | February 2007 |
| Promoting Tax Time Saving | February 2007 |
| California Kids Accounts | February 2007 |
| Banking Development Districts | February 2007 |
| Refund Splitting | February 2006 |
| A Financial Jump Start for CalWorks Recipients | January 2006 |
Events
| Event | Date |
|---|---|
| CA Event: Microenterprise Development | July 21, 2008 |
| CA Event: Expanding Savings and Retirement Security | May 21, 2008 |
| CA Event: Financial Literacy - Need, Strategy, Opportunity | April 17, 2008 |
| CA Event: Banking the Unbanked | March 26, 2008 |
| California Event: The Savings Crisis | February 14, 2008 |
| California's California | January 31, 2008 |
| California Event: The Mortgage Crisis in California | November 19, 2007 |
| California Event: Asset Policy 101 | August 29, 2007 |
Press
San Francisco Launches Initiative to Help the 'Unbanked'
New America Fellow Anne Stuhldreher played a lead role in conceiving and implementing this innovative program to bring San Francisco's 'unbanked' into the financial mainstream. More
Governor Schwarzenegger Signs Savings Bill
New America-inspired legislation gives Californians more control over tax refunds... more




