Analysis: New Mexico not among the 11 states with education savings accounts

Analysis: New Mexico not among the 11 states with education savings accounts
New Mexico Gov. Michelle Lujan Grisham, left, and Florida Gov. Ron DeSantis — New Mexico Governor's Office / Florida Governor's Office
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As Florida becomes the latest state to create an education savings account (ESA) program, an analysis by the Enchantment State News shows that New Mexico is not one of 11 states that has such a program.

In March 2023, Gov. Ron DeSantis (R-Fla.) signed into law a bill creating an ESA program that returns taxpayer money to families to help them pay for educational expenses.

“Florida is number one when it comes to education freedom and education choice, and today’s bill signing represents the largest expansion of education choice in the history of these United States,” DeSantis said.

The Florida law, which goes into effect July 1, is a “universal” ESA program, which means it is open to all students in the state. It becomes the sixth state to create such a program, joining Arizona, Arkansas, Iowa, Utah and West Virginia.

In 2011, Arizona became the first state to create an ESA program. It later expanded that to a universal program through a law signed by then-Gov. Doug Ducey in July 2022.

ESAs were essentially declared constitutional by the Arizona Supreme Court in 2014, when it deemed those challenging the program were unable to show harm.

There are now 11 states that have ESA programs. 

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Which States Have ESA Programs, and Which Do Not?

State Education Savings Account Program in Place?
Alabama No
Alaska No
Arizona Yes
Arkansas Yes
California No
Colorado No
Connecticut No
Delaware No
Florida Yes
Georgia No
Hawaii No
Idaho No
Illinois No
Indiana Yes
Iowa Yes
Kansas No
Kentucky No
Louisiana No
Maine No
Maryland No
Massachusetts No
Michigan No
Minnesota No
Mississippi Yes
Missouri No
Montana No
Nebraska No
Nevada No
New Hampshire Yes
New Jersey No
New Mexico No
New York No
North Carolina Yes
North Dakota No
Ohio No
Oklahoma No
Oregon No
Pennsylvania No
Rhode Island No
South Carolina No
South Dakota No
Tennessee Yes
Texas No
Utah Yes
Vermont No
Virginia No
Washington No
West Virginia Yes
Wisconsin No
Wyoming No

Source: State laws and statutes



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