What you need to know about education savings accounts, the voucher-like program championed by Gov. Greg Abbott
Education savings accounts are taxpayer-supported bank accounts for parents who remove their children from the public education system. Senate Bill 176, authored by Sen. Mayes Middleton, would grant participating families about $10,000 a year to use towards educational expenses. Ten states have enacted education savings programs, with 20 others currently in the legislative process to approve a similar program.