Education savings accounts-income qualifications.

HB 198 modifies Wyoming's education savings account program by adjusting annual deposit amounts based on household income relative to federal poverty levels. It provides $6,000 annually for students in households at or below 150% of the federal poverty level, $4,800 for households between 151-200%, and $3,600 for households between 201-250%. The bill directly affects students whose families qualify under these income thresholds, determining the funds available for educational expenses through the state's savings account program. The changes would take effect January 1, 2025, if enacted, modifying existing law established by 2024 legislation. The bill is currently in early stages (received for introduction on January 16, 2025) and has not yet been considered by the legislature.