Bill Text: TX HB3382 | 2019-2020 | 86th Legislature | Comm Sub

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Bill Title: Relating to the application of certain occupation-related postsecondary educational financial aid and student loan repayment programs.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2019-05-03 - Committee report sent to Calendars [HB3382 Detail]

Download: Texas-2019-HB3382-Comm_Sub.html

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86R28001 SOS-D
By: Pacheco H.B. No. 3382
Substitute the following for H.B. No. 3382:
By: Pacheco C.S.H.B. No. 3382

A BILL TO BE ENTITLED
AN ACT
relating to the application of certain occupation-related
postsecondary educational financial aid and student loan repayment
programs.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 61.605(a), Education Code, is amended to
read as follows:
(a) The board may provide repayment assistance under this
subchapter for the repayment of any student loan, including a loan
for undergraduate education, received by an eligible person through
any lender for education at:
(1) an institution of higher education;
(2) [,] a private or independent institution of higher
education;
(3) [, or] a public or private out-of-state
institution of higher education accredited by a recognized
accrediting agency; or
(4) a nonprofit, tax-exempt, regionally accredited
college or university operating in accordance with a memorandum of
understanding with this state under an executive order issued by
the governor[, including loans for undergraduate education,
received by an eligible person through any lender].
SECTION 2. Section 61.608(b), Education Code, is amended to
read as follows:
(b) The board shall distribute to each institution of higher
education or private or independent institution of higher
education, each college or university described by Section
61.605(a)(4), and [to] any appropriate state agency and
professional association copies of the rules adopted under this
section and other pertinent information relating to this
subchapter.
SECTION 3. Section 61.9751(2), Education Code, is amended
to read as follows:
(2) "Nursing education program" means:
(A) an undergraduate professional nursing
program or a graduate professional nursing program as those terms
are defined by Section 54.355; and
(B) a comparable nursing program offered by a
nonprofit, tax-exempt, regionally accredited college or university
operating in accordance with a memorandum of understanding with
this state under an executive order issued by the governor.
SECTION 4. Section 61.9824(a), Education Code, is amended
to read as follows:
(a) The board may provide repayment assistance for the
repayment of any student loan received by an eligible person
through any lender that is for education, including undergraduate
education, at:
(1) a public or private institution of higher
education; or
(2) a nonprofit, tax-exempt, regionally accredited
college or university operating in accordance with a memorandum of
understanding with this state under an executive order issued by
the governor [any public or private institution of higher
education, including a loan for undergraduate education, received
by an eligible person through any lender].
SECTION 5. Section 61.9835(a), Education Code, is amended
to read as follows:
(a) The board may provide repayment assistance under this
subchapter for the repayment of any student loan received by an
eligible person through an eligible lender that[:
[(1)] is for education at:
(1) a public or private institution of higher
education; or [and]
(2) a nonprofit, tax-exempt, regionally accredited
college or university operating in accordance with a memorandum of
understanding with this state under an executive order issued by
the governor [is received by an eligible person through an eligible
lender].
SECTION 6. As soon as practicable after the effective date
of this Act, the Texas Higher Education Coordinating Board shall
adopt any rules necessary to administer the changes in law made by
this Act.
SECTION 7. 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.