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MD HB1113
MD HB1113Primary and Secondary Education - Education Savings Account Program - Established
summary
Introduced
02/05/2021
02/05/2021
In Committee
02/05/2021
02/05/2021
Crossed Over
Passed
Dead
04/12/2021
04/12/2021
Introduced Session
2021 Regular Session
Bill Summary
Establishing an Education Savings Account program in the State; stating the purpose of the program; establishing the requirements for participation in the program; requiring a certain deposit into the account of certain students; establishing a process for calculating and depositing a certain amount; limiting the use of certain funds to certain educational purposes; authorizing a parent to make a certain deposit in a certain manner; etc.
AI Summary
This bill establishes an Education Savings Account program in the state of Maryland. The purpose of the program is to provide state grants to the accounts of parents of eligible students to fund their education. Eligible students are those who are eligible to enroll in a public school in the state and have attended a public school, charter school, or home school program in the state for at least 100 days during the previous fiscal year. The bill sets forth the requirements for participation in the program, including the use of funds for eligible educational expenses such as tuition, textbooks, private tutoring, and more. The bill also allows parents to make additional deposits to the accounts on a pre-tax basis and outlines the responsibilities of the Department of Education in administering the program.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Hearing 3/12 at 1:00 p.m. (on 03/11/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1113?ys=2021RS |
| BillText | http://mgaleg.maryland.gov/2021RS/bills/hb/hb1113f.pdf |
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