Any Iowa student who wants to attend a private school could use public money to pay for tuition or other expenses under a plan passed Tuesday by the Legislature and quickly signed into law by Gov. Kim Reynolds, making the state the third to pass a measure that allows such spending with few restrictions.

Gov. Kim Reynolds was ecstatic Tuesday as she signed into law a seismic education plan three years in the making.

"What an amazing day for our children!" she exclaimed to a crowd of children, parents, lawmakers and other supporters gathered in the Iowa Capitol rotunda.

Surrounded by private school students, Reynolds, a Republican, inked her signature on a law that will allow any Iowa family to use taxpayer funds to pay for private school tuition — at a cost of $345 million annually to the state once fully phased in.

Republican Iowa Gov. Kim Reynolds signed school choice legislation into law Tuesday that provides private school students with taxpayer funds.

Under House Study Bill 1 or the “Students First Act,” students in private school will receive $7,598, the average cost the state spends on a public school student, per year for any family in the state to cover private school expenses. The bill, signed by Reynolds on Tuesday, passed the Iowa House in a 55-45 vote and the Iowa Senate in a 31-18 vote on Monday, according to KCCI 8 News.