Bill Text: TX SB1178 | 2015-2016 | 84th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to an interim study on an education savings account program.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2015-05-14 - Referred to Public Education [SB1178 Detail]
Download: Texas-2015-SB1178-Comm_Sub.html
Bill Title: Relating to an interim study on an education savings account program.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2015-05-14 - Referred to Public Education [SB1178 Detail]
Download: Texas-2015-SB1178-Comm_Sub.html
| By: Huffines | S.B. No. 1178 | |
| (In the Senate - Filed March 10, 2015; March 17, 2015, read | ||
| first time and referred to Committee on Education; May 5, 2015, | ||
| reported adversely, with favorable Committee Substitute by the | ||
| following vote: Yeas 8, Nays 3; May 5, 2015, sent to printer.) | ||
| COMMITTEE SUBSTITUTE FOR S.B. No. 1178 | By: Huffines | |
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| relating to an interim study on an education savings account | ||
| program. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. (a) In this section, "agency" means the Texas | ||
| Education Agency. | ||
| (b) The agency shall conduct an interim study regarding the | ||
| implementation of an education savings account program. The study | ||
| must evaluate: | ||
| (1) best practices in implementing an education | ||
| savings account program; | ||
| (2) the experiences of other states that have | ||
| implemented similar programs; | ||
| (3) the populations that might be served by the | ||
| program; | ||
| (4) potential student eligibility guidelines for | ||
| participation in the program; | ||
| (5) potential guidelines for the voluntary | ||
| participation of private schools in the program; | ||
| (6) methods of funding for the program; | ||
| (7) which expenses to include as qualified educational | ||
| expenses under the program; | ||
| (8) whether to preapprove certain vendors for | ||
| participation in the program; | ||
| (9) potential academic and financial accountability | ||
| measures for the program; and | ||
| (10) methods of contracting between the state and one | ||
| or more financial institutions for the provision and maintenance of | ||
| the accounts. | ||
| (c) In conducting the study, the agency shall consult with | ||
| stakeholders and national subject matter experts, including | ||
| individuals who have assisted in implementing similar programs in | ||
| other states. | ||
| (d) The agency may accept any gifts, grants, or donations | ||
| from any source to conduct the study under this section. | ||
| (e) Not later than November 1, 2016, the agency shall submit | ||
| a report on the findings of the study to the lieutenant governor, | ||
| speaker of the house of representatives, and members of the | ||
| legislature. The report must include any recommendations for | ||
| implementation of an education savings account program from | ||
| individuals who have assisted in implementing similar programs in | ||
| other states. | ||
| SECTION 2. This Act expires September 1, 2017. | ||
| SECTION 3. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2015. | ||
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