Bill > HF5123

This bill establishes education savings accounts (ESAs) in Minnesota, which allows eligible students to use public funds to pay for various educational expenses, including tuition at private schools, tutoring, curriculum, and other qualifying expenses. The bill defines eligible students as those residing in Minnesota and from households with incomes below a certain threshold. The bill outlines the responsibilities of parents, the commissioner of the Department of Revenue, and an advisory panel in administering and overseeing the ESA program. The bill also includes provisions for fraud prevention, legal proceedings, and severability. The ESA program is set to begin accepting applications for the fall term of 2025.