Overview
- The law creates a $1 billion Education Savings Account (ESA) program, allowing parents to use public funds for private school tuition, homeschooling, and related expenses.
- Applicants are prioritized based on income and educational needs, with a lottery system in place if demand exceeds available spots.
- The funding cap will be removed after the first year, potentially expanding the program significantly in the future.
- Supporters, including Gov. Abbott and Lt. Gov. Dan Patrick, argue the program empowers parental choice and increases competition in education.
- Critics, including Democratic lawmakers and public school advocates, warn the program could undermine public school funding and exacerbate inequalities.