California Child Actor's Bill
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(Redirected from Coogan Law)
The California Child Actor's Bill (also known as Coogan Act or Coogan Bill) is a law applicable to child performers, designed to safeguard a portion of their earnings for when they enter adulthood.
The original Bill was passed in 1939 by the State of California in response to the plight of Jackie Coogan who earned millions of dollars as a beloved child actor only to reach adulthood and discover that his parents had spent almost all of his money. Since then, it has been revised a few times - most recently on January 1st, 2004<ref>http://www.childreninfilm.com/cif_newsletter/seven.html</ref>.
The law requires parents to set aside a portion of the child's earnings in a trust savings account.
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