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MN SF1974

MN SF1974
Education Savings Accounts for Minnesota Students Act (ESA-4-MSA) establishment provision


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

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 an Education Savings Accounts (ESA) program in Minnesota for eligible students from low-income households. The program allows parents to receive state funds to pay for various educational expenses, including tuition, curriculum, tutoring, transportation, testing fees, educational services, and technology. Eligible students must be Minnesota residents from households with annual incomes at or below four times the reduced-price meal income standard. The program will start in the 2026-2027 school year, initially allowing up to 5% of public school students to participate, with the percentage increasing by 3% each subsequent year. Students will be selected based on priority categories, such as kindergarteners and those previously attending public schools. Parents must agree to provide organized educational services with measurable goals and cannot enroll their children in public schools while participating. The Department of Revenue will administer the program, create an application process, issue monthly payments via ESA cards, and implement fraud prevention measures. The bill also establishes a Parent Review and Advisory Panel to provide oversight and recommendations. Students can use remaining ESA funds for postsecondary education, with any unused funds ultimately returning to the state general fund. The program aims to provide educational flexibility and support for families seeking alternative education options.

Committee Categories

Education

Sponsors (3)

Last Action

Referred to Education Policy (on 02/27/2025)

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