SB 2: Vouchers / Education Savings Accounts
Effective September 1, 2025
Program Overview & Funding
• Creates an ESA program run by the comptroller for approved education expenses
• Funds each ESA at 85 % of the statewide average per-ADA funding, including TRS
• Adds up to $ 30,000 annually for students with disabilities
• Caps homeschool funding at $ 2,000 per student per year
• Allows unused funds to roll over
• Limits total funding to $ 1 billion in the first biennium
• Requires the comptroller to request funding for current participants, eligible siblings, and waitlisted students as of Januaryl
• States the Legislature is not required to fund the full request
• Caps administrative costs at 3 % for the comptroller and 5 % for certified assistance orgs
• Permits use of appropriated funds for program marketing
Eligibility & Enrollment
• Makes all Texas public school-eligible children eligible for an ESA
• Authorizes the comptroller to set application timelines
• Requires a lottery if demand exceeds funding, prioritizing: o Siblings of current participants o First-time applicants o Returning participants who reentered public school
• Within each group, prioritizes: o Children with disabilities and income �500 % FPL o Income �200 % FPL o Income 200 %-500% FPL
• Income > 500 % FPL( capped at 20 % of total funding) and students enrolled in public school for at least 90 % of the prior year
• Requires joint approval of sibling applications submitted together
• Requires a waitlist for unaccepted applicants
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