Florida S1318 amends the Florida Tax Credit Scholarship Program to allow continued reimbursements until account balances are expended.

Florida S1318 modifies the Florida Tax Credit Scholarship Program by allowing reimbursements for program expenditures to continue until the account balance is expended or remaining funds revert. This change affects scholarship account holders by potentially extending the period during which they can receive reimbursements. The bill also specifies conditions under which a student’s scholarship account must be closed and any remaining funds reverted, including denial or revocation of program eligibility by the commissioner for fraud or abuse.

Florida S1318 amends the Florida Tax Credit Scholarship Program to allow continued reimbursements until account balances are expended.

Florida S1318 modifies the Florida Tax Credit Scholarship Program by allowing reimbursements for program expenditures to continue until the account balance is expended or remaining funds revert. This change affects scholarship account holders by potentially extending the period during which they can receive reimbursements. The bill also specifies conditions under which a student’s scholarship account must be closed and any remaining funds reverted, including denial or revocation of program eligibility by the commissioner for fraud or abuse.