TX HB3

Establishes an Education Savings Account (ESA) program administered by the comptroller, providing funding for eligible children's education-related expenses at private schools, tutors, and other approved education providers beginning with the 2026-2027 school year

Sets annual account funding at 85% of the statewide average per-student funding (approximately $10,500-$11,000), with a cap of $30,000 for children with disabilities and $2,000 for homeschooled students

Eligible children must qualify for public school or prekindergarten enrollment; when applications exceed available funding, priority goes to children with disabilities from households at or below 500% of federal poverty guidelines, followed by children from lower-income households

Approved expenses include private school tuition, textbooks, instructional materials, tutoring, educational therapies, online courses, higher education programs, transportation to providers, and computer hardware/software (capped at 10% of annual account amount)

Requires private schools to be accredited by Texas Private School Accreditation Commission or TEA-recognized organizations, mandates annual standardized testing, prohibits program funds from being used with federal money or the available school fund, and protects participating providers from being classified as state actors or federal financial assistance recipients