Bill
SB 532
Overview: SB 532, Increasing the Requirements of the Education Freedom Savings Account Oversight Committee and Modifying the Purpose of the Committee, is scheduled to be introduced
Overview: SB 532, Increasing the Requirements of the Education Freedom Savings Account Oversight Committee and Modifying the Purpose of the Committee, is scheduled to be introduced on January 7, 2026 and referred to the Education and SJ 1 committees.
Purpose and Intent: The bill aims to strengthen the oversight and accountability of the Education Freedom Savings Account program, which provides state-funded education savings accounts for eligible students. The legislation seeks to ensure the program is meeting its intended goals of expanding educational opportunities and improving student outcomes.
Key Provisions:
- Increases the membership of the Education Freedom Savings Account Oversight Committee from 5 to 7 members
- Requires the committee to meet at least quarterly, rather than the current requirement of twice per year
- Expands the committee's responsibilities to include reviewing student performance data and making recommendations for program improvements
- Modifies the purpose of the program to focus on improving academic achievement, in addition to providing educational choice
Affected Parties and Impacts:
- Families and students who participate in the Education Freedom Savings Account program, as the increased oversight and accountability may lead to program enhancements
- The Education Freedom Savings Account Oversight Committee, which will have additional responsibilities and a larger membership
- The state education agency responsible for administering the program, which will need to provide more data and reporting to the oversight committee
Procedural and Timeline Considerations:
The bill is scheduled to be introduced on January 7, 2026 and referred to the Education and SJ 1 committees. If passed, the changes to the oversight committee and program purpose would take effect immediately.
Compiled from official sources — confirm details with the bill’s official record.
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