Jim Banks Introduces the Education Savings Accounts for Military Families Act to Congress
Yesterday, Congressman Jim Banks (IN-03), a member of the House Armed Services Committee, introduced the Education Savings Accounts for Military Families Act. This legislation would provide military families with the option of establishing an education savings account (ESA). Under this legislation, a small portion of funding from the federal Impact Aid program would follow military-dependent students through an ESA rather than schools.
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