HB129 creates a refundable tax credit for parents to cover educational expenses through Education Savings Accounts (ESAs), prioritizing low-income and disabled students, with credits capped at $7,000 for participating schools and $2,000 for others.
The Alabama State Senate passed HB129 on March 7, 2024 by a vote of 23 to 9. We have assigned pluses to the nays because all government money comes with strings attached. ESAs might sound good in theory, but they expand government involvement into all aspects of education — including homeschools and religious schools — and can potentially affect rules and curriculum. Additionally, this legislation grossly prioritizes certain people over others. We encourage all parents to get their children out of the government school system and instead pursue sound alternatives such as homeschooling and patriotic private schools, such as FreedomProject Academy, where government funds are not involved.