Bill

Bill > HB1113


MD HB1113

MD HB1113
Primary and Secondary Education - Education Savings Account Program - Established


summary

Introduced
02/05/2021
In Committee
02/05/2021
Crossed Over
Passed
Dead
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

Loading...

bill summary

Loading...
Loading...