Require the State Treasurer to establish an educational savings account for students enrolled in kindergarten through grade twelve at an approved or accredited public, private, denominational, or parochial school

LB 427 would create state-funded savings accounts for Nebraska students in kindergarten through 12th grade attending approved public, private, denominational, or parochial schools. Starting July 1, 2026, each eligible student would receive $1,500 annually from a new "Student Savings Account Support Fund" to cover qualified expenses like tuition, textbooks, and educational therapies. Funds cannot be used for transportation, food, clothing, or basic supplies. Accounts follow students if they switch schools within Nebraska and terminate upon graduation or loss of eligibility.