Bill Text: CT HB05025 | 2010 | General Assembly | Comm Sub
Bill Title: An Act Concerning A Green Technology, Life Science And Health Information Technology Jobs Loan Forgiveness Program.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2010-04-05 - Referred by House to Committee on Appropriations [HB05025 Detail]
Download: Connecticut-2010-HB05025-Comm_Sub.html
General Assembly |
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February Session, 2010 |
*_____HB05025HED___031610____* |
AN ACT CONCERNING A GREEN TECHNOLOGY, LIFE SCIENCE AND HEALTH INFORMATION TECHNOLOGY JOBS LOAN FORGIVENESS PROGRAM.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective July 1, 2010) (a) As used in this section:
(1) "Green technology" means the application of technology in manufacturing or product research in an effort to produce systems, equipment, services or products that conserve or reduce damage to or consumption of natural resources. "Green technology" includes, but is not limited to, green nanotechnology, the development of alternative fuels, modes or efficiencies of energy generation and the invention, design and application of chemical products and processes to eliminate the use and generation of hazardous substances;
(2) "Life science" means the study of genes, cells, tissues and chemical and physical structures of living organisms; and
(3) "Health information technology" means the creation, execution or implementation of electronic data systems that record or transmit medical or health information.
(b) There is established a Connecticut green technology, life science and health information technology loan forgiveness program to be administered by the Department of Higher Education.
(c) A Connecticut resident who graduated on or after July 1, 2010, from an institution of higher education in this state with a bachelor degree in a field relating to green technology, life science or health information technology and who has been employed in this state for at least two years in a job relating to green technology, life science or health information technology shall be eligible for reimbursement of federal or state educational loans up to a maximum of two thousand five hundred dollars per year or five per cent of the amount of such loans per year, whichever is less, for up to four years.
(d) A Connecticut resident who graduated on or after July 1, 2010, from an institution of higher education in this state with an associate degree relating to green technology, life science or health information technology and who has been employed in this state for at least two years in a job relating to green technology, life science or health information technology shall be eligible for reimbursement of federal or state educational loans up to a maximum of two thousand five hundred dollars per year or five per cent of the amount of such loans per year, whichever is less, for up to two years.
(e) Notwithstanding the provisions of subsections (c) and (d) of this section, the total combined dollar value of loan reimbursements available under this and any other provision of the general statutes shall not exceed ten thousand dollars per recipient.
Sec. 2. (NEW) (Effective from passage) The Board of Governors of Higher Education may adopt regulations, in accordance with the provisions of chapter 54 of the general statutes, to carry out the provisions of section 1 of this act.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
July 1, 2010 |
New section |
Sec. 2 |
from passage |
New section |
HED |
Joint Favorable Subst. |