Education, education savings accounts, Parent's Choice Program created, membership and duties provided, process for awarding education savings accounts, requirements for education service providers
This legislation is poised to alter the funding landscape within Alabama's education system by allocating state funds to education savings accounts that parents can use for eligible educational expenses. The amount allocated will align with the Education Trust Fund’s share from the prior year, which is intended to facilitate straightforward funding processes while ensuring accountability through required audits and compliance checks. This bill is designed to provide parents with greater flexibility in selecting education options that best suit their children's needs.
SB140, also known as the Parent's Choice Act, proposes to establish a structured education savings account program aimed at enhancing educational options for K-12 students in Alabama. The bill creates the Parent's Choice Program and a corresponding board responsible for its administration. This program allows parents to set up education savings accounts to fund various educational expenses, including tuition at private schools, tutoring, and other educational services defined within the act.
While the bill aims to empower parents and enhance educational choice, it has raised concerns among opponents regarding the potential impact on public school funding and oversight. Critics argue that diverting public funds into private education options could undermine the financial stability of public schools, particularly in lower-income areas. Additionally, there are apprehensions about the criteria for qualified educational expenses, which could lead to disparities in resource allocation among students in different socioeconomic backgrounds.