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Monday, November 25, 2024

Analysis: New York not among the 11 states with education savings accounts

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New York Gov. Kathy Hochul, left, and Florida Gov. Ron DeSantis | NY Gov. Kathy Hochul / FL Gov. Ron DeSantis

New York Gov. Kathy Hochul, left, and Florida Gov. Ron DeSantis | NY Gov. Kathy Hochul / FL Gov. Ron DeSantis

As Florida becomes the latest state to create an education savings account (ESA) program, an analysis by the Empire State News shows that New York is not one of 11 states that has such a program.

In March 2023, Gov. Ron DeSantis (R-Fla.) signed into law a bill creating an ESA program that returns taxpayer money to families to help them pay for educational expenses.

“Florida is number one when it comes to education freedom and education choice, and today’s bill signing represents the largest expansion of education choice in the history of these United States,” DeSantis said.

The Florida law, which goes into effect July 1,  is a “universal” ESA program, which means it is open to all students in the state. It becomes the sixth state to create such a program, joining Arizona, Arkansas, Iowa, Utah and West Virginia.

In 2011, Arizona became the first state to create an ESA program. It later expanded that to a universal program through a law signed by then-Gov. Doug Ducey in July 2022.

ESAs were essentially declared constitutional by the Arizona Supreme Court in 2014, when it deemed those challenging the program were unable to show harm.

There are now 11 states that have ESA programs. 

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Which States Have ESA Programs, and Which Do Not?

StateEducation Savings Account Program in Place?
AlabamaNo
AlaskaNo
ArizonaYes
ArkansasYes
CaliforniaNo
ColoradoNo
ConnecticutNo
DelawareNo
FloridaYes
GeorgiaNo
HawaiiNo
IdahoNo
IllinoisNo
IndianaYes
IowaYes
KansasNo
KentuckyNo
LouisianaNo
MaineNo
MarylandNo
MassachusettsNo
MichiganNo
MinnesotaNo
MississippiYes
MissouriNo
MontanaNo
NebraskaNo
NevadaNo
New HampshireYes
New JerseyNo
New MexicoNo
New YorkNo
North CarolinaYes
North DakotaNo
OhioNo
OklahomaNo
OregonNo
PennsylvaniaNo
Rhode IslandNo
South CarolinaNo
South DakotaNo
TennesseeYes
TexasNo
UtahYes
VermontNo
VirginiaNo
WashingtonNo
West VirginiaYes
WisconsinNo
WyomingNo
Source: State laws and statutes

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