Bill Text: TX SB408 | 2023-2024 | 88th Legislature | Introduced


Bill Title: Relating to the Nursing Faculty Loan Repayment Assistance Program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-02-15 - Referred to s/c on Higher Education by Pres [SB408 Detail]

Download: Texas-2023-SB408-Introduced.html
  88R1333 MM-F
 
  By: Hinojosa S.B. No. 408
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the Nursing Faculty Loan Repayment Assistance Program.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 61.9822, Education Code, is amended to
  read as follows:
         Sec. 61.9822.  ELIGIBILITY.  To be eligible to receive loan
  repayment assistance under this subchapter, a nurse must:
               (1)  apply to the board;
               (2)  at the time of application for repayment
  assistance have been employed part-time or full-time for at least
  one year as, and be currently employed part-time or full-time as, a
  faculty member of a nursing degree program at an institution of
  higher education or a private or independent institution of higher
  education; and
               (3)  comply with any additional requirements adopted by
  board rule.
         SECTION 2.  Sections 61.9823(a) and (b), Education Code, are
  amended to read as follows:
         (a)  On qualifying for loan repayment assistance under this
  subchapter, a nurse may receive repayment assistance for each year
  of part-time or full-time employment as a faculty member of a
  nursing degree program at an institution of higher education or
  private or independent institution of higher education, not to
  exceed five years.
         (b)  The board by rule shall determine the maximum amount of
  loan repayment assistance received by a nurse under this subchapter
  [may not exceed $7,000] in any one year.  The board shall base the
  amount of loan repayment assistance received by a nurse for
  part-time employment on the proportion of the number of hours
  worked by the nurse to the number of hours worked by a full-time
  nurse.
         SECTION 3.  (a)  As soon as practicable after the effective
  date of this Act, the Texas Higher Education Coordinating Board
  shall adopt rules necessary to administer the changes in law made by
  this Act.
         (b)  The changes in law made by this Act apply beginning with
  loan repayment assistance awarded under Subchapter JJ, Chapter 61,
  Education Code, for the 2024-2025 academic year. Loan repayment
  assistance awarded under Subchapter JJ, Chapter 61, Education Code,
  for an academic year before the 2024-2025 academic year is governed
  by the law in effect immediately before the effective date of this
  Act, and the former law is continued in effect for that purpose.
         SECTION 4.  This Act takes effect September 1, 2023.
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