The "Education Savings Accounts for Minnesota Students Act" (ESA-4-MSA) introduces education savings accounts (ESAs) for eligible Minnesota students, allowing parents to allocate funds for qualifying educational expenses. The bill defines key terms such as "eligible student," "qualifying expense," and "educational service provider," and sets eligibility criteria based on residency and household income limits. It aims to provide parents with the flexibility to choose educational services while ensuring appropriate use of funds. The commissioner of the Department of Revenue is tasked with implementing the program, including establishing funding amounts, notifying families, and creating an application process. The bill specifies that ESA funds can be used for various educational expenses, while also allowing the use of non-ESA funds.

To enhance the program's integrity, the bill includes measures for fraud prevention, such as a process for removing fraudulent educational service providers, an anonymous fraud reporting service, and requirements for certain providers to post a surety bond. It also establishes a Parent Review and Advisory Panel to evaluate service providers and their expenditures, develop a public rating system, and recommend improvements to the ESA program. The bill clarifies the legal standing of eligible nonpublic schools and outlines legal proceedings related to the act, including the burden of proof on the state in challenges and provisions for severability. Overall, the legislation aims to improve educational opportunities for Minnesota students through financial support and oversight mechanisms.