Bill Text: OR HB2838 | 2013 | Regular Session | Introduced

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Bill Title: Relating to Pay Forward, Pay Back pilot program; declaring an emergency.

Spectrum: Committee Bill

Status: (Failed) 2013-07-08 - In committee upon adjournment. [HB2838 Detail]

Download: Oregon-2013-HB2838-Introduced.html

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     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 1216

                         House Bill 2838

Sponsored by COMMITTEE ON HIGHER EDUCATION AND WORKFORCE
  DEVELOPMENT

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Directs Oregon Education Investment Board, Oregon University
System and Department of Community Colleges and Workforce
Development to propose 'Pay Forward, Pay Back' pilot program to
replace current system of tuition and fees required to attend
institution of higher education. Sets criteria for pilot program
proposal.
  Requires proposal to be submitted to Seventy-eighth Legislative
Assembly for approval.
  Declares emergency, effective on passage.

                        A BILL FOR AN ACT
Relating to Pay Forward, Pay Back pilot program; and declaring an
  emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) The Oregon Education Investment Board,
Oregon University System and Department of Community Colleges and
Workforce Development shall jointly create a proposed pilot
program called 'Pay Forward, Pay Back.' The pilot program shall
be designed to replace the current system of charging students
tuition and fees for enrollment at institutions of higher
education. The proposal shall identify one or more institutions
of higher education to participate in the pilot program.
  (2) The proposed pilot program shall be submitted to the
Seventy-eighth Legislative Assembly for approval.
  (3) The pilot program shall:
  (a) Allow students who are residents of this state, as defined
by the institution, and who qualify for admission to the
institution to enroll in the institution without paying tuition
or fees.
  (b) Provide that, in lieu of paying tuition or fees, students
must sign binding contracts to pay to the State of Oregon or the
institution a certain percentage of the student's annual adjusted
gross income upon graduation from the institution for a specified
number of years.
  (4) The pilot program may vary by institution depending on:
  (a) The total cost of education at the institution.
  (b) The portion of the cost that is paid by the State of
Oregon.
  (c) The number of years specified in the contract.

  (d) The percentage of adjusted gross income specified in the
contract.
  (5) The pilot program shall be uniformly applied at each
participating institution.
  (6) The pilot program proposal shall specify the number of
years and the percentage of annual adjusted gross income for
contracts at each participating institution and base the
specifications on research to date.
  (7) The proposal shall establish an immediate funding source
for the first 15 to 20 years of the pilot program and must
include the establishment of a revolving fund to deposit payments
made under the pilot program. + }
  SECTION 2.  { + Section 1 of this 2013 Act is repealed on June
30, 2015. + }
  SECTION 3.  { + This 2013 Act being necessary for the immediate
preservation of the public peace, health and safety, an emergency
is declared to exist, and this 2013 Act takes effect on its
passage. + }
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