AB 843

  • California Assembly Bill
  • 2019-2020 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 23, 2019
  • Senate
  • Governor

Student financial aid: Assumption Program of Loans for Education.

Abstract

Existing law establishes the Assumption Program of Loans for Education, administered by the Student Aid Commission, under which any person enrolled in an eligible institution of postsecondary education, or any person who agrees to participate in a teacher trainee or teacher internship program, is eligible to enter into an agreement for loan assumption, to be redeemed pursuant to a prescribed procedure upon becoming employed as a teacher in an eligible school, if the teacher satisfies certain conditions. The program provides for the assumption of loans for each consecutive year of teaching completed, up to 4 consecutive years. The program provides additional loan assumption benefits of $1,000 or $2,000 per year in assumed liability, as specified, to a person who holds a credential appropriate for teaching, and who teaches, mathematics, science, or special education in schools within certain percentiles of Academic Performance Index (API) rankings. This bill would repeal the additional loan assumption benefits that rely on API rankings, and instead, upon an appropriation by the Legislature for this purpose, provide additional loan assumption benefits of an unspecified amount to a person who holds a credential appropriate for teaching, and who teaches, mathematics, science, special education, bilingual education, or career technical education in a school district that is determined to be in need of differentiated assistance, as specified. The bill would provide that if a program participant is unable to complete a school year of teaching, that year may still be counted as completed for purposes of the program in specified circumstances. The bill would express the intent of the Legislature to restore the funding for the Assumption Program of Loans for Education to its 2011–12 fiscal year level. Existing law limits the number of agreements for the assumption of student loans under the Assumption Program of Loans for Education to 6,500 per school year, except as specified in the annual Budget Act. This bill would, upon an appropriation by the Legislature for this purpose, require the commission to award 7,200 new warrants for the assumption of loans under the program in the 2020–21 fiscal year.

Bill Sponsors (1)

Votes


Actions


Jun 24, 2019

Senate

In committee: Set, first hearing. Hearing canceled at the request of author.

Jun 06, 2019

Senate

Referred to Com. on ED.

  • Referral-Committee
Com. on ED.

May 24, 2019

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

May 23, 2019

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1944.)

May 20, 2019

Assembly

Read second time. Ordered to third reading.

May 16, 2019

Assembly

From committee: Amend, and do pass as amended. (Ayes 18. Noes 0.) (May 16).

Assembly

Read second time and amended. Ordered returned to second reading.

Apr 24, 2019

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Apr 03, 2019

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 2). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Committee-Passage
  • Referral-Committee
Com. on APPR.

Mar 18, 2019

Assembly

Re-referred to Com. on HIGHER ED.

  • Referral-Committee
Com. on HIGHER ED.

Mar 14, 2019

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended.

Mar 04, 2019

Assembly

Referred to Com. on HIGHER ED.

  • Referral-Committee
Com. on HIGHER ED.

Feb 21, 2019

Assembly

From printer. May be heard in committee March 23.

Feb 20, 2019

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB843 HTML
02/20/19 - Introduced PDF
03/14/19 - Amended Assembly PDF
05/16/19 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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