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

Minnesota Senate File 1974 (ESA-4-MSA) establishes Education Savings Accounts (ESAs) for eligible Minnesota students. It provides state-funded accounts to parents of students from households earning up to four times the income threshold for reduced-price school meals, allowing funds to cover qualifying expenses like tuition at eligible schools, tutoring, curriculum materials, and approved educational services. The program limits participation to 5% of public school enrollment in its first year, increasing by 3% annually, with priority given to kindergarten students, those who attended public school full-time, and siblings already in the program. Funds cannot cover home instruction time or after-school child care, and accounts are managed by the Department of Revenue.