Texas passes nation’s largest universal education savings account program into law

By Mariane Angela

Texas has passed Senate Bill 2, which establishes the largest Universal Education Savings Account (ESA) program in the country.

The Texas Senate voted 19-12 to accept House revisions to Senate Bill 2, clearing the way for Republican Texas Gov. Greg Abbott to sign into law the largest universal ESA program in the country. The $1 billion program would allow taxpayer funds to support private school tuition and homeschooling expenses, marking the culmination of a years-long push by Republican leadership to overhaul the state’s education system.

“Texas has delivered a resounding victory for students, families, and the American principle of self-determination,” said American Legislative Exchange Council (ALEC) CEO Lisa B. Nelson. “SB 2 not only represents sound policy but highlights the simple yet powerful belief that money should follow the child rather than be trapped in the system. Governor Abbott and the Texas Legislature demonstrated a tremendous amount of courage leading this charge, and history will remember.”

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