The bill amends the Wyoming Education Savings Account Act by modifying the annual deposit amounts into education savings accounts based on household income relative to federal poverty levels. Specifically, it establishes three tiers of funding: $6,000 for students whose household income is equal to or less than 150% of the federal poverty level; $4,800 for those with incomes greater than 150% but equal to or less than 200%; and $3,600 for students with incomes greater than 200% but equal to or less than 250% of the federal poverty level.

Additionally, the bill updates the language regarding income thresholds, changing "at or below" to "equal to or less than" for clarity. The act is set to take effect immediately upon the completion of all necessary legislative processes as outlined in the Wyoming Constitution.

Statutes affected:
Introduced: 21-2-903