This bill modifies the eligibility criteria for payments under Iowa's education savings account program. It amends Section 257.11B to specify that for school budget years beginning on or after July 1, 2024, certain pupils attending nonpublic schools will be eligible for education savings account payments. The bill retains the income eligibility requirement for households earning less than or equal to 400 percent of the poverty income guidelines for the 2024 school budget year, which was previously set to be removed for school budget years starting on or after July 1, 2025. Additionally, it strikes a subparagraph that previously outlined other eligibility criteria.

The bill emphasizes that the eligibility requirements concerning household income will now apply starting from the 2024 school budget year, rather than being eliminated in 2025 as previously stated. The changes are intended to ensure that the income-based eligibility remains in place for the upcoming school budget year. The bill is effective immediately upon enactment.

Statutes affected:
Introduced: 257.11B