Bill > SB841

This bill establishes the Education Savings Account (ESA) Program in Missouri. The program allows parents of eligible students (those who previously attended a public school or are starting school in the state for the first time from low-income households) to establish an ESA and receive a grant from the state equal to the funding their resident school district would have received to educate the student. Parents can use these funds for various educational expenses, such as tuition at private schools, tutoring, textbooks, and more. The state treasurer will administer the program, including qualifying private financial management firms to manage the accounts, conducting audits, and providing oversight. The bill includes accountability measures, such as requiring participating schools to comply with certain health, safety, and nondiscrimination standards, and requiring parents to report on their child's academic progress. The program aims to provide educational choice and flexibility for families, particularly those from low-income backgrounds.

Education

https://www.senate.mo.gov/22info/BTS_Web/Bill.aspx?SessionType=R&BillID=71259893