Iowa HF2186 modifies application periods for the education savings account program.
Iowa HF2186 amends the education savings account program by allowing parents or guardians to submit applications for payments either between January 1 and June 30 for the school year or between December 1 and December 20 for the semester. The bill specifies that payments are to be deposited into individual accounts within 30 days of application submission and must be used for qualified educational expenses. It also mandates that payments for tuition owed to nonpublic schools be made within 30 days.
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