H-8444

   Amend  the amendment, H-8439, to House File 2783, as follows:
   1.  Page 28, after line 18 by inserting: 
<DIVISION ___
EDUCATION SAVINGS ACCOUNTS

   Sec. ___.  Section 256.9, Code 2026, is amended by adding the following new subsection:
   NEW SUBSECTION.  80.  Compile the information submitted pursuant to section 257.11B, subsections 12 and 13, and submit an annual report to the general assembly not later than September 1. The report shall include all of the following:
   a.  The total amount of education savings account funds distributed during the preceding fiscal year.
   b.  The total amount of such funds received by accredited nonpublic schools.
   c.  Expenditure information as reported pursuant to section 257.11B, subsection 12.
   d.  Information regarding approved applicants who declined participation in the program, and pupils who withdrew from an accredited nonpublic school, including the reasoning for such withdrawal, as reported pursuant to section 257.11B, subsection 13.
   Sec. ___.  Section 257.11B, subsection 2, paragraph a, subparagraph (3), Code 2026, is amended to read as follows:
   (3)  For the school budget years year beginning on or after July 1, 2025, resident pupils eligible to enroll in kindergarten through grade twelve who attend a nonpublic school for the applicable school budget year shall be eligible to receive an education savings account payment.
   Sec. ___.  Section 257.11B, subsection 2, paragraph a, Code 2026, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (4)  For school budget years beginning on or after July 1, 2026, resident pupils eligible to enroll in kindergarten through grade twelve who attend a nonpublic school for the applicable school budget year shall be eligible to receive an education savings account payment if the pupil’s household has an annual income less than or equal to four hundred percent of the most recently revised poverty income guidelines published by the United States department of health and human services.
   Sec. ___.  Section 257.11B, Code 2026, is amended by adding the following new subsections:
   NEW SUBSECTION.  12.  a.  An accredited nonpublic school that accepts payment from a parent or guardian using funds from a pupil’s account in the education savings account fund shall annually report to the department of education, at a time and in a manner prescribed by the department, all of the following:
   (1)  The total amount of education savings account funds received by the school during the preceding fiscal year.
   (2)  A list of the expenditures of such funds, including expenditures for salaries and infrastructure.
   b.  An accredited nonpublic school that accepts payment from a parent or guardian using funds from a pupil’s account in the education savings account fund shall prepare and publish an annual budget in the same manner as a school district pursuant to section 24.9. The budget shall clearly identify the amount of education savings account funds received and the purposes for which such funds are allocated.
   NEW SUBSECTION.  13.  A parent or guardian who applies for participation in the education savings account program and is approved but declines to use the account, or who withdraws a pupil from an accredited nonpublic school for which education savings account funds were approved, shall report to the department of education, at a time and in a manner prescribed by the department, the reason for declining participation or withdrawal.
   Sec. ___.  EFFECTIVE DATE.  The following, being deemed of immediate importance, take effect upon enactment:
   The sections of this division of this Act amending section 257,11B, subsection 2, paragraph “a”.>
   2.  Page 28, line 24, after <council> by inserting <, and including effective date provisions>
   3.  By renumbering as necessary.

______________________________
MATSON of Polk