SB302, which creates the Education Savings Accounts program, is being called the widest sweeping school choice bill in America!
Education savings accounts are available to all Nevada families, encourages choice, allowing families to send their children to schools that are the best fit and aid families that cannot afford private school. SB302 allows for families to apply K-12 funds to the public, charter, or private school of their choice. Any student who has attended a Nevada public school for at least 100 consecutive days is eligible to apply for the tuition credit. Once approved, the student receives 90 percent of the state funds for a public school student, which comes out to about $5,000 per year. Those funds are deposited into an Education Savings Account (ESA) from which the family can use to pay for approved costs like tuition, books, online courses, and tutors. Unused funds can be rolled over to the next year and even saved for college tuition.
Click on the following link to read the bill in it's entirety and to see the final vote count in both the State Assembly and the State Senate: http://www.leg.state.nv.us/Session/78th2015/Reports/history.cfm?ID=705
For the latest information on what is currently happening with ESA's click here: Education Savings Account (SB302)