Utah Governor Spencer Cox has signed legislation creating a universal education savings account program that will be open to every child in the state. The bill was passed with “referendum-proof” supermajorities in both chambers of the legislature.
According to the American Federation for Children, under the new law:
- Every student in the state of Utah will be eligible for an ESA of $8,000 per year to be used for qualified education expenses including private school tuition, therapies, tutors, and curriculum.
- Lower-income families will receive preference in the application process.
- The program has a cap of $42 million per year.
This comes on the heels of Iowa’s passage of ESA legislation that will ultimately be open to all children in the state.