Missouri House Passes Education Savings Account Legislation
The American Federation for Children, the nation’s voice for educational choice, applauds the Missouri House of Representatives for passing HB349, legislation that will expand educational opportunity to thousands of children in the state.
- HB349 passed the Missouri House on a final vote this afternoon
- HB349 creates a $50 million Education Savings Account program that would provide eligible students $6,375 for educational expenses to attend the public, charter, virtual, private or home school of their choice
- Eligible students include any student who attended public school in the previous year or is entering school for the first time
- Students with an IEP or a family income below Free and Reduced Price Lunch would be given first preference; children in a family making less than 200% of Free and Reduced Price Lunch would be given second preference and all other eligible students would come after them
- The $50 million program is funded by a 100% tax credit for contributions to nonprofit organizations that provide students with a $6375 grant to an Education Savings Account.
Statement from John Schilling, President of the American Federation for Children:
“Thanks to the courageous leadership of Speaker Vescovo, and despite last-minute attempts by defenders of the status quo to block the bill, today members of the Missouri House of Representatives passed HB349, the Missouri Empowerment Scholarship Accounts Program. This legislation will provide extraordinary flexibility for families to choose the best educational option for their children, whether that is in a public, charter, virtual, private, or home school. We would like to thank Representative Phil Christofanelli for his tireless work on behalf of children and families in Missouri.”
Watch Speaker Vescovo’s stirring speech during today’s floor debate: