The proposed "Education Savings Accounts for Minnesota Students Act" (ESA-4-MSA) aims to establish education savings accounts (ESAs) for eligible Minnesota students, allowing parents to access funds for qualifying educational expenses. The bill defines key terms and sets eligibility criteria, requiring students to reside in Minnesota and come from households with income not exceeding four times the reduced-price meal standard. Priority will be given to students entering kindergarten, those who have previously attended public schools, and siblings of current ESA participants. The operational framework includes an application process, funding mechanisms, and the commissioner's oversight responsibilities, with funding amounts based on the state's adjusted per pupil formula allowance.

Additionally, the bill emphasizes fraud prevention measures, including a publicly accessible list of blocked and unblocked MCC codes, a process for removing fraudulent educational service providers, and an anonymous fraud reporting service. It establishes a Parent Review and Advisory Panel to evaluate service providers and their expenditures, consisting of nine parent members appointed by state leaders. The bill clarifies the legal framework for the ESA program, stating that the state bears the burden of proof in legal challenges and ensuring no liability arises from ESA use. The provisions will take effect the day after final enactment.