Introduced Senate Bill (S)

Authored by

DIGEST

Special education scholarship account program. Establishes the Indiana special education scholarship account program (program). Requires the treasurer of state to administer the program. Establishes: (1) the special education scholarship account fund (fund); and (2) requirements and conditions for the program. Requires the department of education (department) to, on or before May 1 and January 1 of each year, provide the treasurer of state a list of the names of students with disabilities who require special education and for whom an individualized education program has been developed. Provides that any grant amount distributed to a taxpayer's Indiana special education scholarship account Special education scholarship account program. Establishes the Indiana special education scholarship account program (program). Requires the treasurer of state to administer the program. Establishes: (1) the special education scholarship account fund (fund); and (2) requirements and conditions for the program. Requires the department of education (department) to, on or before May 1 and January 1 of each year, provide the treasurer of state a list of the names of students with disabilities who require special education and for whom an individualized education program has been developed. Provides that any grant amount distributed to a taxpayer's Indiana special education scholarship account and used for qualified expenses under the program is not included in adjusted gross income for state income tax purposes. Provides that money transferred from a student's Indiana special education scholarship account to the student's college choice 529 education savings plan is not included as a contribution for purposes of a credit against a taxpayer's adjusted gross income tax. Requires the treasurer of state to: (1) annually request a parent of an eligible student or an emancipated eligible student who is participating in the program to complete a written survey; and (2) annually provide a summary of the survey to the governor and the legislative council. Continuously appropriates money from the fund and the accounts established within the fund for the purposes of the program. ... View more