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WY HB0019

WY HB0019
Education savings accounts.


summary

Introduced
In Committee
Crossed Over
Passed
Dead
02/12/2024

Introduced Session

2024 Budget Session

Bill Summary

AN ACT relating to education; authorizing education savings accounts; creating the Wyoming education savings accounts expenditure account; providing for a transfer of funds to the Wyoming education savings accounts expenditure account; providing for the use and administration of education savings accounts for education; specifying duties of the state superintendent of public instruction; providing rulemaking authority; making conforming amendments; providing appropriations; authorizing full-time positions; and providing for effective dates.

AI Summary

This bill authorizes the creation of education savings accounts (ESAs) in Wyoming. The ESA program allows eligible students, whose household income is at or below 250% of the federal poverty level, to receive up to $5,000 per year to pay for qualifying education expenses, such as tuition, fees, tutoring, curriculum materials, and other educational goods and services. The bill establishes the Wyoming education savings accounts expenditure account to fund the program and outlines the application process, parent agreement requirements, and duties of the state superintendent to administer the program. The bill also makes conforming amendments to existing law and provides appropriations and authorization for full-time positions to implement the ESA program starting in the 2025-2026 school year.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Education (Joint)

Last Action

Failed Introduction 41-19-2-0-0 (on 02/12/2024)

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