Bill Text: TX HB14 | 2019-2020 | 86th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to a student loan repayment assistance program for certain full-time peace officers in this state.
Spectrum: Slight Partisan Bill (Republican 20-8)
Status: (Engrossed - Dead) 2019-04-25 - Referred to Higher Education [HB14 Detail]
Download: Texas-2019-HB14-Introduced.html
Bill Title: Relating to a student loan repayment assistance program for certain full-time peace officers in this state.
Spectrum: Slight Partisan Bill (Republican 20-8)
Status: (Engrossed - Dead) 2019-04-25 - Referred to Higher Education [HB14 Detail]
Download: Texas-2019-HB14-Introduced.html
By: Stucky | H.B. No. 14 |
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relating to higher education student loan repayment assistance for | ||
peace officers. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 61, Education Code, is amended by adding | ||
Subchapter II to read as follows: | ||
SUBCHAPTER II. PEACE OFFICER LOAN REPAYMENT ASSISTANCE PROGRAM | ||
Sec. 61.9851. DEFINITION. In this subchapter, "peace | ||
officer" has the meaning assigned by Article 2.12, Code of Criminal | ||
Procedure. | ||
Sec. 61.9852. REPAYMENT AUTHORIZED. The board shall | ||
establish and administer a program to provide, in accordance with | ||
this subchapter and board rules, assistance in the repayment of | ||
student loans for persons who are employed as peace officers by | ||
state agencies or political subdivisions of this state and who | ||
apply and qualify for the assistance. | ||
Sec. 61.9853. ELIGIBILITY. To be eligible to receive | ||
repayment assistance under this subchapter, a person must: | ||
(1) apply to the board; | ||
(2) be a resident of this state; | ||
(3) at the time of application for repayment | ||
assistance have been employed full-time for at least one year as, | ||
and be currently employed full-time as, a peace officer by a state | ||
agency or political subdivision of this state; | ||
(4) have earned at least 60 hours of course credit at a | ||
public or private institution of higher education in this state | ||
before becoming a peace officer; and | ||
(5) comply with any additional requirement adopted by | ||
board rule. | ||
Sec. 61.9854. LIMITATIONS. (a) On qualifying for | ||
repayment assistance under this subchapter, a person may receive | ||
repayment assistance for each year of employment as a peace | ||
officer, not to exceed five years. | ||
(b) The amount of repayment assistance that a person may | ||
receive for each year of employment as a peace officer may not | ||
exceed 20 percent of the peace officer's total amount of eligible | ||
loans as provided by Section 61.9855. | ||
(c) The total amount of repayment assistance provided under | ||
this subchapter to a person may not exceed $20,000. | ||
(d) The total amount of repayment assistance provided under | ||
this subchapter may not exceed the total amount of gifts and grants | ||
accepted by the board for the repayment assistance, legislative | ||
appropriations for the repayment assistance, and other funds | ||
available to the board for the repayment assistance. | ||
Sec. 61.9855. ELIGIBLE LOANS. (a) The board may provide | ||
repayment assistance for the repayment of any student loan received | ||
by an eligible person through any lender for the cost of attendance | ||
at a public or private or independent institution of higher | ||
education for a semester or other term that ended not earlier than | ||
60 months before the date of the person initially becoming a peace | ||
officer. | ||
(b) The board may withhold repayment assistance for a | ||
student loan that is in default at the time of the peace officer's | ||
application. | ||
(c) The board may not provide repayment assistance for the | ||
repayment of a loan for the cost of attendance for credit hours a | ||
person earns after becoming a peace officer. | ||
(d) If the loan is not a state or federal guaranteed student | ||
loan, the note or other writing governing the terms of the loan must | ||
require the loan proceeds to be used for expenses incurred by a | ||
person to attend a public or private institution of higher | ||
education. | ||
Sec. 61.9856. REPAYMENT. (a) The board shall pay any loan | ||
repayment assistance under this subchapter in a lump sum delivered | ||
on the eligible person's behalf directly to the holder of the loan. | ||
(b) A repayment under this subchapter may be applied to any | ||
amount due in connection with the loan. | ||
Sec. 61.9857. ACCEPTANCE OF GIFTS. The board may solicit | ||
and accept gifts and grants from any source for the purposes of this | ||
subchapter. | ||
Sec. 61.9858. RULES. (a) The board shall adopt rules as | ||
necessary to administer this subchapter. | ||
(b) The board shall distribute a copy of the rules adopted | ||
under this section and pertinent information regarding this | ||
subchapter to: | ||
(1) each public and private or independent institution | ||
of higher education in this state; | ||
(2) any appropriate state agency; and | ||
(3) any appropriate professional association. | ||
SECTION 2. The Texas Higher Education Coordinating Board | ||
shall adopt the rules for repayment assistance under Subchapter II, | ||
Chapter 61, Education Code, as added by this Act, not later than | ||
February 1, 2020. | ||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2019. |