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ND HB1590
Bill
Status
1/20/2025
Primary Sponsor
Patrick Heinert
Click for details
AI Summary
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Creates a two-year pilot program (2025-26 through 2026-27 school years) for Student Education Services Accounts administered by the Bank of North Dakota for K-12 students
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Parents may deposit up to $2,000 per child per school year, with the state matching 50% of parental contributions
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Authorized expenses include tuition for career/technical education, dual-credit courses, nonpublic schools, and online courses, plus tutoring, mental health services, school meals, special needs programs, test preparation, and educational camps
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Appropriates $41.2 million from the general fund for the biennium (July 1, 2025 - June 30, 2027), with up to $1.2 million designated for program administration
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Upon high school graduation, remaining funds may transfer to a college savings plan if the student attends an in-state institution; accounts close with parental refund if the child leaves the state or attends out-of-state college
Legislative Description
A student education services account pilot program; and to provide an appropriation.
Last Action
Second reading, failed, lacks constitutional majority yeas 47 nays 40
2/13/2025