Texas House Bill HB150

Texas 2021 - 87th 2nd C.S.

Caption

Relating to the establishment of the Family Educational Relief Program and an insurance premium tax credit for contributions made for purposes of that program.

Impact

The implementation of HB150 is poised to significantly impact state education laws by introducing a tax credit for contributions made to the Family Educational Relief Program. This will not only incentivize donations but will also create a fund for educational assistance, primarily intended for children with disabilities and those from economically disadvantaged backgrounds. The state's revenue policies may also be affected by this tax credit structure, potentially leading to increased private contributions to education.

Summary

House Bill 150 establishes the Family Educational Relief Program in Texas, aimed at providing children from low-income households with enhanced educational options. The program will fund various educational expenses for eligible children, enhancing their opportunities to receive quality education outside of traditional public school settings. Key features of the bill include the creation of family educational relief accounts and funding provisions to cover expenses such as tuition at private schools, educational materials, and services provided by private tutors and educational service providers.

Contention

Despite the potential advantages of HB150, there are concerns regarding its implications for public education funding and the regulation of private educational providers. Critics argue that the tax credit system may divert resources from public schools to private institutions, exacerbating existing disparities in educational quality. Additionally, there are apprehensions about the qualifications and oversight of certified educational assistance organizations, which play a crucial role in administering the program and ensuring compliance with educational standards.