A bill for an act relating to education funding, including the amounts for the statewide preschool program and eligibility for payments under the education savings account program, and including applicability provisions.

SF 2229 adjusts Iowa's preschool program funding and education savings account eligibility. It revises how preschool funding is calculated based on weekly instructional hours: districts offering 10-14 hours per week receive 50% of enrollment funding, rising to 100% for 30+ hours. For education savings accounts, it expands eligibility to all nonpublic school students for 2025-2026, but starting July 2027, only households with income ≤400% of federal poverty guidelines will qualify. The bill directly affects school districts receiving preschool funding and families using education savings accounts.