SB 19-003

  • Colorado Senate Bill
  • 2019 Regular Session
  • Introduced in Senate Mar 25, 2019
  • Passed Senate Mar 22, 2019
  • Passed House Apr 19, 2019
  • Signed by Governor May 29, 2019

Educator Loan Forgiveness Program

Abstract

Educator loan forgiveness program - appropriation. The act makes changes to the teacher loan forgiveness program, renaming it the educator loan forgiveness program (program) and revising the eligibility criteria for the program. The program: Repays up to $5,000 of qualified educational loans for up to 5 years for teachers and other educators employed in qualified positions under the program; and Targets teachers and other educators employed in hard-to-fill positions due to geography or content area. The department of education (department) is required to annually identify the content shortage areas that qualify for the program. Subject to available appropriations, the Colorado commission on higher education (commission) shall approve up to 100 new participants in the program each year, and the act specifies the criteria the commission shall use to prioritize applicants, if necessary. The program includes the educator loan forgiveness fund, and the commission shall adopt policies that ensure that loan repayment is made only on qualified loans for educators in qualified positions. The commission shall prepare an annual report for the general assembly that includes information concerning the content shortage areas identified by the department and information concerning the program participants. The act extends the repeal date of the program to 2033. For the 2019-20 state fiscal year, the act appropriates $623,969 to the department of higher education for use by the Colorado commission on higher education. Of that amount, $123,969 is for administrative expenses, requiring 1.4 FTE, and $500,000 is for student loan repayments. (Note: This summary applies to this bill as enacted.) Read More

Bill Sponsors (4)

Votes


Actions


May 29, 2019

Office of the Governor

Governor Signed

Apr 29, 2019

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Apr 19, 2019

House

House Third Reading Passed - No Amendments

Apr 18, 2019

House

House Second Reading Special Order - Passed - No Amendments

Apr 16, 2019

House

House Committee on Appropriations Refer Unamended to House Committee of the Whole

  • Referral-Committee
  • Committee-Passage
Appropriations House Committee of the Whole

Apr 02, 2019

House

House Committee on Education Refer Unamended to Appropriations

  • Referral-Committee
Education Appropriations

Mar 25, 2019

House

Introduced In House - Assigned to Education + Appropriations

  • Introduction
Education Appropriations

Mar 22, 2019

Senate

Senate Third Reading Passed - No Amendments

Mar 21, 2019

Senate

Senate Second Reading Passed with Amendments - Committee

Mar 19, 2019

Senate

Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole

  • Referral-Committee
  • Committee-Passage
Senate Committee of the Whole Appropriations

Jan 24, 2019

Senate

Senate Committee on Education Refer Amended to Appropriations

  • Referral-Committee
Appropriations Education

Jan 04, 2019

Senate

Introduced In Senate - Assigned to Education

  • Introduction
Education

Bill Text

Bill Text Versions Format
Committee Amendment PDF
PA1 (01/25/2019) PDF
PA2 (03/19/2019) PDF
Introduced (01/04/2019) PDF
Engrossed (03/21/2019) PDF
Reengrossed (03/22/2019) PDF
Revised (04/18/2019) PDF
Rerevised (04/19/2019) PDF
Final Act (04/29/2019) PDF
Signed Act (05/29/2019) PDF

Related Documents

Document Format
Fiscal Note SA1 (03/18/2019) PDF
Fiscal Note SA2 (04/15/2019) PDF
Fiscal Note FN1 (01/23/2019) PDF
Fiscal Note FN2 (06/26/2019) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.