Minnesota SF1007 establishes an Education Savings Accounts (ESA) program for eligible students.
Minnesota SF1007, the Education Savings Accounts for Minnesota Students Act, establishes an ESA program for eligible students. The program allows parents to use funds from an ESA for qualifying educational expenses, such as tuition, textbooks, and tutoring services. Eligible students include those from low-income families and students with disabilities. The commissioner of the Department of Revenue is responsible for implementing the program, including setting up an application process, establishing a funding amount, and overseeing the use of funds.
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