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NM HB292

NM HB292
Education Freedom Account Act


summary

Introduced
02/18/2021
In Committee
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO EDUCATION; ENACTING THE EDUCATION FREEDOM ACCOUNT ACT; PROVIDING FOR EDUCATION FREEDOM ACCOUNTS; ESTABLISHING PERMITTED USES; PROVIDING PROCEDURES AND APPLICATION REQUIREMENTS; DECLARING AN EMERGENCY.

AI Summary

This bill enacts the Education Freedom Account Act, which establishes an education freedom account program. The program allows the Department of Education to create and fund education freedom accounts for eligible students, which can be used by parents to pay for various educational expenses, such as tuition at private schools, tutoring, educational materials, and other qualifying costs. The bill outlines the application process, permitted uses of the funds, and the Department's responsibilities in administering the program, including auditing accounts and barring education service providers from receiving payments in certain cases. The bill also creates a parent review commission to assist the Department in determining qualifying expenses and providing recommendations on program implementation. Finally, the bill declares an emergency to allow the act to take effect immediately.

Committee Categories

Education

Sponsors (2)

Last Action

Sent to HEC - Referrals: HEC/HAFC (on 02/18/2021)

bill text


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