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2017 Senate Bill 544: Create framework for “enhanced education savings accounts” for non-core K-12 programs
Introduced by Sen. Patrick Colbeck (R) on September 12, 2017 To establish an “enhanced educational savings account” program that would allow individuals to make tax-deductible contributions to an account that could be used to pay for public school extracurricular activities, vocational programs, or other services that schools are not required to provide, and which may require fees not be available at all without extra money.
Up to $5,000 in contributions would be tax deductible on state income tax returns, and $10,000 for joint filers. Unused money in an account when a student graduates from high school could be used for post-secondary education expenses. The bill is part of a package comprised of Senate Bills 544 to 549 which among other things task the Department of Treasury with managing the accounts, and the Department of Education with writing rules for public school participation and use of the money. This bill would amend the existing Michigan Education Savings Program law to accommodate the proposal.   Official Text and Analysis.
Referred to the Senate Education Committee on September 12, 2017
Reported in the Senate on September 20, 2017 With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed 23 to 14 in the Senate on December 5, 2017.
    See Who Voted "Yes" and Who Voted "No".
To create an enhanced education savings account program that would let individuals make tax-deductible contributions to an account used to pay for public school extracurricular activities, vocational programs, or other services that schools are not required to provide. Note that while the Senate passed this and some related bills, it did not pass the bill authorizing the tax deductions (Senate Bill 549), without which this and the other bills appear to be moot.
Received in the House on December 5, 2017
Referred to the House Education Reform Committee on December 5, 2017

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