US HB2082 | 2015-2016 | 114th Congress

Status

Sponsorship: Strong Partisan Bill (Democrat 14-1)
Status: Introduced on April 29 2015 - 25% progression, died in committee
Action: 2015-11-16 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

Summary

STEM K to Career Act This bill amends the Higher Education Act of 1965 (HEA) to require the Department of Education to forgive student loan obligations of borrowers employed as full-time teachers of science, technology, engineering, or mathematics (STEM) in elementary or secondary schools in which the number of low-income children exceeds a certain percentage. Portions of the student loan debt, including interest, will be forgiven on the basis of years of service, with 100% forgiven for five years of teacher service. The bill amends the Internal Revenue Code to allow: (1) an increased tax deduction for expenses by elementary and secondary school teachers for STEM education supplies; (2) a tax credit for the employment of STEM interns; and (3) a tax credit for employment of individuals who participated in an apprenticeship program in a STEM field, with the amount determined according to the degree of completion of a program. Beginning with FY2016, an institution of higher education must use at least 7% of federal work-study funds granted under HEA to compensate students employed in STEM fields.

Tracking Information

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Title

STEM K to Career Act

Sponsors


History

DateChamberAction
2015-11-16HouseReferred to the Subcommittee on Higher Education and Workforce Training.
2015-04-29HouseReferred to House Education and the Workforce
2015-04-29HouseReferred to House Ways and Means
2015-04-29HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2015-04-29HouseIntroduced in House

Subjects


US Congress State Sources


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