Indiana Senate Bill 255

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2024 - 25% progression
Action: 2024-01-11 - First reading: referred to Committee on Appropriations
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Education accounts. Expires the Indiana choice scholarship program and Indiana education scholarship account program on June 30, 2025. Beginning July 1, 2025, establishes the Indiana funding students first grant program (program) as a pilot program through June 30, 2027. Provides that the treasurer of state shall administer the program. Allows the parents of eligible students who are homeschooled or who attend a public school or a nonpublic school to apply to the treasurer of state to establish an account for purposes of the program. Defines "eligible student". Specifies the annual grant amount to the eligible student's account. Provides that the parent of an eligible student may use money in a program account for any qualified expense. Defines "qualified expense" for purposes of the program. Requires all students who participate in the program to take the statewide assessment. Makes conforming changes and technical corrections.

Education accounts.

Sen. Ryan Mishler [R]

Date	Chamber	Action
2024-01-11	Senate	First reading: referred to Committee on Appropriations
2024-01-11	Senate	Authored by Senator Mishler

Type	Source
Summary	https://iga.in.gov/legislative/2024/bills/senate/255/details
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0255/SB0255.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0255/fiscal-notes/SB0255.01.INTR.FN001.pdf