Creating Hope and Opportunity for Our Students’ Education Act of 2024 The CHOOSE Act
admin2024-05-21T14:27:12-05:00Creating Hope and Opportunity for Our Students’ Education Act of 2024 The CHOOSE Act The CHOOSE Act, signed into law by Gov. Kay Ivey on March 7, 2024, makes refundable income tax credits called education savings accounts (ESAs), available to support the success of every K-12 student in Alabama. The law requires the Alabama Department of Revenue to establish a framework and funding for ESAs, which may be used by eligible families to cover tuition, fees, and other qualified education expenses at approved education service providers (ESPs) in Alabama. ESAs in the amounts below will be available beginning with the 2025-2026 [...]