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Committee reviews statewide Student Education Services account pilot with 50% state match

2246595 · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The House Education Committee heard testimony on House Bill 1590, which would create a two‑year statewide pilot in which parents open Student Education Services accounts and receive a state match of 50 percent up to $1,000 per student, with an annual state cap of $20 million.

The House Education Committee heard testimony on House Bill 1590, which would create a two‑year statewide pilot called the Student Education Services account. Under the bill as presented, families could open an account at the Bank of North Dakota, deposit funds for K‑12 educational uses, and receive a state match of 50 percent up to $1,000 per student, with a $20 million annual cap ($40 million total for the biennium). The sponsor described the program as opt‑in and available to public, private and homeschool students in grades 1 through 12.

The bill sponsor told the committee the program is intended to be broadly accessible: parents could deposit as little as $25 (the Bank of North Dakota account minimum cited in testimony), receive the matched share and spend the combined balance on authorized educational expenses. The sponsor…

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