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Group Opposed To ESA Program Fighting Bond Request

A group opposed to Nevada's new Education Savings Account program says it shouldn't have to post a quarter-million-dollar bond to cover the costs of putting the program on hold.

Lawyers for six public school families filed a motion Feb. 3 opposing Treasurer Dan Schwartz's request that they post a $239,000 bond. Schwartz wanted to access the money if courts eventually overturn a hold that a Carson City judge placed on the program.

The bond would cover costs to store application information in the cloud so families wouldn't have to reapply if the injunction is lifted.

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Program opponents say Schwartz's plan to spend nearly $3,000 a month on data storage is unnecessary, and say he doesn't need $125,000 to retain outside lawyers because the attorney general's office can defend the program.