summary
Introduced
02/12/2024
02/12/2024
In Committee
02/12/2024
02/12/2024
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to education; establishing education savings accounts; requiring rules; proposing coding for new law in Minnesota Statutes, chapter 126C.
AI Summary
This bill establishes the "Education Savings Accounts for Minnesota Students Act" (ESA-4-MSA), which creates education savings accounts (ESAs) for eligible students in Minnesota. The ESAs provide funds to parents to pay for various educational expenses, including tuition, tutoring, curriculum, transportation, and technology. Eligible students must reside in Minnesota and be from households with annual incomes below a certain threshold. The program is administered by the Commissioner of the Department of Revenue, who is responsible for setting funding levels, processing applications, and preventing misuse of funds. The bill also outlines provisions for student participation, fraud prevention, and the involvement of educational service providers.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Author added Drazkowski (on 02/29/2024)
Bill Topics
Education
- ‐ Education of Underprivileged or Underrepresented Groups
- ‐ Elementary and Secondary Education
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3435&ssn=0&y=2023 | 02/11/2024 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF3435&version=0&session=ls93&session_year=2024&session_number=0&format=pdf | 02/11/2024 |
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