A bill for an act modifying provisions related to application periods for the education savings account program.

HF 2186 modifies Iowa's education savings account program by creating a new application window for semester-based funding. Parents or guardians of students attending nonpublic schools can now apply for payments between December 1-20 (instead of the existing January 1-June 30 window for full school years). If applications are submitted in this new semester window, payments are reduced to 50% of the standard amount. The bill also requires the state to pay nonpublic schools directly within 30 days when tuition is covered by these accounts. This affects families using the program for nonpublic school expenses like tuition and educational materials.