Legislation

Title: Higher Education - Loan Repayment Program for Home Buyers in Distressed Areas - Establishment
Sponsored by: Senator Klausmeier
Status: In the Senate - Unfavorable Report by Education, Health, and Environmental Affairs
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Loan Repayment Program for Home Buyers in Distressed Areas; requiring the Office of Student Financial Assistance to assist in the repayment of higher education loans owed by specified individuals who buy homes in distressed areas of the State; establishing requirements for an applicant to be eligible for the Program; requiring the Office to establish specified regulations; requiring the Governor to include, beginning in fiscal year 2016, a specified amount in the annual budget bill for the Program; etc.

Committees

Original:: Education, Health, and Environmental Affairs Click to view Recorded Media

Details

Cross-filed with: HB0393

Bill File Type: Regular

Effective Date(s): October 1, 2014

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/07/2014 Legislative Date 2/10/2014 Action First Reading Senate Rules Proceedings
Chamber Senate Calendar Date 2/18/2014 Legislative Date 2/19/2014 Action Rereferred to Education, Health, and Environmental Affairs Proceedings
Chamber Senate Calendar Date 2/19/2014 Legislative Date 2/19/2014 Action Hearing 3/12 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/19/2014 Legislative Date 3/20/2014 Action Unfavorable Report by Education, Health, and Environmental Affairs Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/07/2014	2/10/2014	First Reading Senate Rules
Senate	2/18/2014	2/19/2014	Rereferred to Education, Health, and Environmental Affairs
Senate	2/19/2014	2/19/2014	Hearing 3/12 at 1:00 p.m.
Senate	3/19/2014	3/20/2014	Unfavorable Report by Education, Health, and Environmental Affairs

Documents

Date Posted	Document Name
2/11/2014	Text - First - Higher Education - Loan Repayment Program for Home Buyers in Distressed Areas - Establishment
3/20/2014	Vote - Senate - Committee - Education, Health, and Environmental Affairs

File Code

Subjects

Statutes