Almost any school-age child in Texas can apply for and participate in the voucher program, including students already attending private schools. Up to 20% of the program’s initial $1 billion budget could flow to wealthier families who earn 500% or more of the poverty rate — roughly $160,000 or above for a family of four.

The controversial legislation creates Education Savings Accounts, which will allow Texas parents to use public funds toward private education costs.

The ceremony marked a major moment for Gov. Greg Abbott, who threw his full political weight and millions of campaign dollars into a push for school choice.