Bill Caption

Relating to establishing an education savings account program.

Fiscal Notes

No significant fiscal implication to the State is anticipated. 

Bill Analysis

SB 1178 would require the Texas Education Agency (TEA) to conduct an interim study on implementing an educational savings account (ESA) program. The bill would require the agency to submit a report on the study findings no later than November 1, 2016. The agency would be required to submit the report to the lieutenant governor, speaker of the house of representatives, and members of the legislature. The report would be required to include any recommendations for implementing the ESAP from individuals who have assisted in implementing similar programs in other states.

Vote Recommendation Notes

Generally we are neutral on studies, however we do occasionally take a position on a study if we think the results of the study are likely to yield results that will have a substantive impact on our liberty principles. We support SB 1178 on the basis that it will likely lead to legislative initiatives that will support our individual liberty, personal responsibility, and limited government positions. 

This bill would authorize a study to be conducted on the feasibility of implementing an Education Savings Account (ESA) program. An ESA allows parents who opt out of state education to put those funds into an educational savings account, which can be used for multiple educational purposes, including  college savings. If this program would be to implemented, it would be beneficial for parents who do not wish to educate their child in a government school and we would support the program.