A bill for an act repealing the education savings account program.

SF 199 repeals Iowa's education savings account program, which provided state funds for eligible students to cover tuition and related expenses at nonpublic schools. The bill removes this funding source and adjusts related calculations in school finance formulas that previously accounted for students using these accounts. It directly affects students who would have qualified for the program (enrolled in kindergarten through grade 12) for school years beginning July 1, 2025. The repeal takes effect immediately upon enactment, ending the program's availability for future school years.