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MN SF1525

MN SF1525
Education Savings Accounts for Students Act; appropriations


summary

Introduced
03/01/2021
In Committee
02/24/2022
Crossed Over
Passed
Dead
05/23/2022

Introduced Session

92nd Legislature 2021-2022

Bill Summary

A bill for an act relating to education; creating education savings accounts as a learning option for students; appropriating money; amending Laws 2021, First Special Session chapter 13, article 1, section 10, subdivision 2; article 2, section 4, subdivisions 2, 3, 4, 12, 13; article 3, section 7, subdivision 7; article 7, section 2, subdivision 3; article 8, section 3, subdivisions 2, 3, 4; article 11, section 4, subdivision 2; proposing coding for new law in Minnesota Statutes, chapter 124D.

AI Summary

This bill creates education savings accounts (ESAs) as a learning option for eligible students in Minnesota. The key provisions are: - Establishes the "Education Savings Accounts for Students Act" to provide ESAs for eligible students, defined as Minnesota residents who attended a public school the previous semester and are from a household with an annual income not exceeding three times the reduced-price meal income standard. - Allows parents to use ESA funds for a variety of educational expenses, including tuition and fees at eligible nonpublic schools, tutoring, curriculum, transportation, testing fees, and educational services or therapies. - Specifies that the Minnesota Department of Education will administer the program, including determining ESA amounts, auditing accounts, and enforcing policies around misuse of funds. - Appropriates and adjusts funding for various education programs to account for the new ESA program. The bill aims to provide families more flexibility and choice in their children's education by establishing this new ESA program as an alternative to traditional public schooling.

Committee Categories

Budget and Finance, Education, Government Affairs

Sponsors (5)

Last Action

Comm report: To pass as amended and re-refer to Finance (on 02/24/2022)

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