What does Texas SB2 do?
SB2 establishes a state-funded Education Savings Account (ESA) program managed by the Comptroller of Public Accounts, shifting public funds to private vendors and schools starting the 2026-2027 school year. Private schools, ed-tech vendors, and service providers must obtain regulatory preapproval, submit to state audits, and adhere to strict pricing controls to accept these funds. Implementation Timeline Effective Date: September 1, 2025 Compliance Deadline: Summer 2026 (Provider Preapproval Application Window); 2026-2027 School Year (Operational Launch).