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Senate Education Committee amends and advances House Bill 1540 to create education savings accounts
Summary
The Senate Education Committee amended House Bill 1540 to define eligibility, assign administration to the Bank of North Dakota, and clarify program rules before voting to report the bill to appropriations.
The Senate Education Committee on a voice vote amended and moved House Bill 1540, a bill to establish education savings accounts (ESAs) for eligible students, to the Appropriations Committee.
Senator Wabamont, who presented the amendment, told the committee that the changes respond to conversations held the previous day and aim to clarify eligibility and administrative roles. "Based on the discussion we had yesterday, we made a couple more adjustments to, the amendment for House Bill 15 40," he said.
The amendment (4003) and the revised bill make several substantive changes: they state that participation is available "regardless of household income," narrow some references to "English language arts," remove homeschool…
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