Establishes an education savings account program for students not enrolled in public or homeschool programs.
North Dakota HB1540 creates an education savings account program for students not enrolled in public or homeschool programs. The Bank of North Dakota deposits 80% of the funds into the accounts, while 20% goes to the student's school district of residence. Eligible students include those not enrolled in public or homeschool programs and those with disabilities who have received a scholarship. Participating schools must comply with health and safety laws and report student information to the Department of Public Instruction.
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