Relating to reporting requirements for accredited nonpublic schools and the department of education concerning education savings account funds

This bill relates to reporting requirements for accredited nonpublic schools and the department of education concerning education savings account funds. The bill requires an accredited nonpublic school that accepts education savings account funds to annually report to the department of education the total amount of funds received and how the funds were expended. The school must also prepare and publish an annual budget in the same manner as a school district and clearly identify the amount of education savings account funds received and their intended use. The bill requires a parent or guardian who is approved for participation in the program but declines to use the account, or who withdraws a pupil from the nonpublic school after approval, to report the reason for that decision to the department. The bill requires the department to compile the reported information and submit an annual report to the general assembly by September 1 that includes information on education savings account funds distributed, funds received by accredited nonpublic schools, expenditure information, and participation data.