FL H1225

Creates the Education Savings Account Program allowing eligible students to receive annual funding equal to 50% of the base student allocation under the Florida Education Finance Program to use for private school tuition, tutoring, dual enrollment programs, or college savings plans.

Establishes eligibility for students entering kindergarten/first grade, siblings of participating students, students previously counted as full-time equivalent in public schools, and randomly selected students from home education programs and private schools.

Requires parents to annually apply during a January 1-March 1 enrollment period and select an educational option (private school, home education, private tutoring, or dual enrollment) to meet compulsory attendance requirements.

Designates financial institutions as account trustees with fees capped at 3% per transaction, making quarterly payments to educational providers; allows account transfers between institutions and donation of unspent funds to schools or school districts upon graduation.

Establishes Department of Education oversight including verification of eligible institutions, assessment testing requirements, random site visits, and annual reporting on student learning gains through an independent research organization.