Bill Text: CA AB463 | 2017-2018 | Regular Session | Introduced
Bill Title: Student financial aid: Assumption Program of Loans for Education.
Sponsorship: Bipartisan Bill
Status: (Failed) 2018-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB463 Detail]
Download: California-2017-AB463-Introduced.html
| Assembly Bill | No. 463 |
| Introduced by Assembly Member Salas |
February 13, 2017 |
LEGISLATIVE COUNSEL'S DIGEST
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 69612 of the Education Code is amended to read:69612.
(a) The Legislature finds and declares all of the following:SEC. 2.
Section 69612.5 of the Education Code is amended to read:69612.5.
For purposes of this article, the following terms have the following definitions:(4)It is a school that serves a rural area.
SEC. 3.
Section 69613 of the Education Code is amended to read:69613.
(a) Program participants shall meet all of the following eligibility criteria prior to selection in the program and shall continue to meet these criteria, as appropriate, during the payment periods:(A)The Federal Family Education Loan Program (20 U.S.C. Sec. 1071 et seq.).
(B)Any educational loan program approved by the Student Aid Commission.
(f)Notwithstanding any other provision of this section, a credentialed teacher teaching in a public school ranked in the lowest two deciles on the Academic Performance Index pursuant to Section 52052, possesses a clear multiple subject or single subject teaching credential or level II education specialist credential and who has not otherwise participated in the program established by this article, is eligible to enter into an agreement for loan assumption pursuant to this article. The number of loan assumption
agreements provided pursuant to this subdivision shall not exceed 400 per year. The commission shall develop and adopt regulations for the implementation of this subdivision by January 1, 2010.
SEC. 4.
Section 69613.1 of the Education Code is amended to read:69613.1.
On or before January 1 of each year, the Superintendent of Public Instruction shall furnish the commission with all of the following:(e)A list of schools ranked in the lowest two deciles on the Academic Performance Index.
(f)A list of high priority schools.
SEC. 5.
Section 69613.7 of the Education Code is repealed.(a)For the purposes of this article, “subject matter shortage area” may not be construed to include teaching in a self-contained classroom or teaching pursuant to a multiple subject credential.
(b)The list, furnished by the Superintendent of Public Instruction pursuant to Section 69613.1 and relating to teaching fields that have the most critical shortage of teachers, shall not include teaching in a self-contained classroom or teaching pursuant to a multiple subject credential.
SEC. 6.
Section 69613.7 is added to the Education Code, to read:69613.7.
In addition to the amounts set forth in subdivision (a) of Section 69613.4, for each of the four years of classroom instruction referenced in that subdivision, loan assumption benefits shall be granted as follows:SEC. 7.
Section 69613.8 of the Education Code is repealed.In addition to the amounts set forth in subdivision (a) of Section 69613.4, for each of the four years of classroom instruction referenced in subdivision (a) of Section 69613.4, the following loan assumption benefits shall be granted:
(a)One thousand dollars ($1,000) of additional liability per year shall be assumed for a person who holds a credential appropriate for teaching, and who teaches, mathematics, science, or special education in the lowest 60 percentile of Academic Performance Index rankings.
(b)One thousand dollars ($1,000) of additional liability per year shall be assumed for a person who teaches in a school in the lowest two deciles on the Academic Performance Index rankings. Eligibility for the benefit set forth in this subdivision shall be limited to a person who holds a credential appropriate for teaching, and who teaches, mathematics, science, or special education.
(c)Not more than a total of five million dollars ($5,000,000) shall be expended in any academic year for the purposes of this section.
(d)The commission shall award benefits payable under this section upon receipt of all documentation necessary to establish eligibility for the additional loan assumption benefits. Payments shall be made to applicants in the order received until the five million dollars ($5,000,000) authorized by subdivision (c) has been expended.
SEC. 8.
Section 69615.4 of the Education Code is amended to read:69615.4.
The commission shall report annually to the Legislature regarding all of the following, on the basis of sex, age, and ethnicity:(e)The number of participants who agree to teach in schools serving rural areas.
(f)
(g)
(h)
(i)
