The bill establishes a new education savings account program in Texas aimed at supporting children with disabilities and those who meet specific educational criteria. It introduces a new subchapter in the Education Code that defines key terms such as "education savings account," "child with a disability," and "program participant." The program will be administered by the comptroller, who is responsible for managing the funding allocated for eligible children's education-related expenses. To qualify, children must be eligible to attend public school, have attended a public school in the previous year or be entering kindergarten or first grade, and meet certain criteria, including failing assessments or being educationally disadvantaged.

Parents of eligible children can apply to participate in the program, which allows them to use funds for various educational expenses, including tuition at accredited private schools, textbooks, and educational therapies. The bill outlines the responsibilities of parents, the application process, and the management of accounts by the comptroller. It specifies that the program will not be financed with federal funds and permits the comptroller to accept donations. The provisions of this act will take effect starting with the 2026-2027 school year, with the bill itself taking effect on September 1, 2025, and mandates the comptroller to adopt necessary rules for implementation.

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