Establishes the Nevada Education Savings Account Program for eligible children.
The bill establishes the Nevada Education Savings Account Program, allowing parents to apply for an education savings account for their children. Account-granting organizations, which must be certified by the Department of Education, can accept donations and allocate funds to these accounts. Funds can be used for approved educational expenses, and unused funds can be used for postsecondary education within four years of high school graduation. The bill also outlines requirements for account-granting organizations, including annual reporting and compliance with certain regulations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.