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Senate committee hears bills to tighten oversight, reporting and bidding for Education Freedom Accounts
Summary
Senate sponsors told the Education Committee that the Education Freedom Account program has grown to more than 10,500 students and over $52 million in annual payments, and introduced three bills to require mandatory oversight meetings, quarterly reporting, and periodic competitive bidding for the EFA administrator.
Senator Deborah Altschuler, prime sponsor, told the Senate Education Committee that Senate Bills 5 32, 5 33 and 5 76 would strengthen oversight and transparency for the Education Freedom Account program after rapid program growth and a recent budget overrun.
Altschuler said the EFA program has expanded from roughly 1,635 students costing about $8 million to more than 10,500 students and over $52 million in annual subsidies. She said the program is $12,300,000 over budget this year and that the statutory oversight committee did not meet for a 13-month period, which she said demonstrates the need to make oversight and public reporting mandatory rather than discretionary. "When meetings are optional, oversight disappears," she said.
Under SB 5 32, Altschuler said, the oversight committee would be required to review aggregate student eligibility and EFA expenditures, hold monthly meetings, livestream and record meetings on the General…
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