The "Wyoming Education Savings Accounts Act" establishes a framework for education savings accounts (ESAs) in Wyoming, funded through state appropriations and transfers. The bill sets eligibility criteria for students based on household income relative to federal poverty levels and outlines qualifying expenses for ESAs, including tuition, tutoring, and educational materials. The state superintendent of public instruction is responsible for administering the program, certifying education service providers, and managing ESA funds. The legislation also details the application process for parents, the responsibilities of the state superintendent, and includes measures to prevent misuse of funds along with an auditing process to ensure accountability.

Additionally, the bill appropriates $40 million from the general fund for the ESA program and allows for the hiring of two full-time employees within the Department of Education to oversee its implementation. It specifies that the act will take effect five days after the governor certifies that certain monetary deposits related to ESAs are unconstitutional or unenforceable, and includes a sunset provision for repeal five days after such certification. The bill aims to enhance educational choice and financial support for families in Wyoming while ensuring oversight in the use of public funds for education.

Statutes affected:
Introduced: 21-2-901, 21-2-909, 21-4-102, 21-4-301, 21-13-310