Connecticut 2021 Regular Session

Connecticut House Bill HB05895 Compare Versions

Version 1 (Old)

Version 2 (New)

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4		-	HB.docx
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7		-	General Assembly Substitute Bill No. 5895
8		-	January Session, 2021
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	5	+	LCO No. 3789 1 of 4
	6	+
	7	+	General Assembly Committee Bill No. 5895
	8	+	January Session, 2021
	9	+	LCO No. 3789
	10	+
	11	+
	12	+	Referred to Committee on HIGHER EDUCATION AND
	13	+	EMPLOYMENT ADVANCEMENT
	14	+
	15	+
	16	+	Introduced by:
	17	+	(HED)
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14	21		AN ACT ESTABLISHING A TASK FORCE ON THE REDUCTION OF
15	22		STUDENT LOAN DEBT.
16	23		Be it enacted by the Senate and House of Representatives in General
17	24		Assembly convened:
18	25
19	26		Section 1. (Effective from passage) (a) There is established a task force 1
20	27		to study the amount of student loan debt incurred by students and 2
21	28		graduates in the state and options available for reducing such debt. Such 3
22	29		study shall include, but need not be limited to, an examination of (1) the 4
23	30		average amount of student loan debt incurred by students and 5
24	31		graduates in the state compared to the average amount incurred by 6
25	32		students and graduates in other states in the region and nationally, (2) 7
26	33		possible reasons for any differences between such average amounts of 8
27	34		student loan debt, (3) options available to the state for reducing the 9
28		-	amount of student loan debt incurred by students and graduates, (4) 10
29		-	recommendations for programs to reduce the average amount of 11
30		-	student loan debt in the state, and (5) the relationship between race, 12
31		-	ethnicity, gender identity, sex or age and the average amount of debt 13
32		-	incurred by students or graduates. 14
33		-	(b) The task force shall consist of the following members: 15
34		-	(1) Two appointed by the speaker of the House of Representatives, 16
35		-	one of whom is a financial aid officer at a four-year public institution of 17
36		-	higher education in the state and one of whom is a financial aid officer 18 Substitute Bill No. 5895
	35	+	amount of student loan debt incurred by students and graduates, and 10
	36	+	(4) recommendations for programs to reduce the average amount of 11
	37	+	student loan debt in the state. 12
	38	+	(b) The task force shall consist of the following members: 13
	39	+	(1) Two appointed by the speaker of the House of Representatives, 14
	40	+	one of whom is a financial aid officer at a four-year public institution of 15
	41	+	Committee Bill No. 5895
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38	43
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	44	+	LCO No. 3789 2 of 4
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43		-	at an independent institution of higher education in the state; 19
44		-	(2) Two appointed by the president pro tempore of the Senate, one of 20
45		-	whom is a financial aid officer at a regional community-technical college 21
46		-	in the state and one of whom works in the banking industry and has 22
47		-	expertise in managing student loans; 23
48		-	(3) One appointed by the majority leader of the House of 24
49		-	Representatives, who is a current student at an institution of higher 25
50		-	education in the state; 26
51		-	(4) One appointed by the majority leader of the Senate, who is a 27
52		-	parent of a current student at an institution of higher education in the 28
53		-	state; 29
54		-	(5) One appointed by the minority leader of the House of 30
55		-	Representatives, who is a recent graduate of an institution of higher 31
56		-	education in the state; 32
57		-	(6) One appointed by the minority leader of the Senate, who is a 33
58		-	parent of a recent graduate of an institution of higher education in the 34
59		-	state; 35
60		-	(7) The executive director of the Office of Higher Education, or the 36
61		-	executive director's designee; 37
62		-	(8) The executive director of the Connecticut Higher Education 38
63		-	Supplemental Loan Authority, or the executive director's designee; and 39
64		-	(9) The chairpersons, vice-chairpersons and ranking members of the 40
65		-	joint standing committee of the General Assembly having cognizance of 41
66		-	matters relating to higher education and employment advancement, or 42
67		-	their designees. 43
68		-	(c) Any member of the task force appointed under subdivision (1), 44
69		-	(2), (3), (4), (5) or (6) of subsection (b) of this section may be a member 45
70		-	of the General Assembly. 46 Substitute Bill No. 5895
	46	+	higher education in the state and one of whom is a financial aid officer 16
	47	+	at an independent institution of higher education in the state; 17
	48	+	(2) Two appointed by the president pro tempore of the Senate, one of 18
	49	+	whom is a financial aid officer at a regional community-technical college 19
	50	+	in the state and one of whom works in the banking industry and has 20
	51	+	expertise in managing student loans; 21
	52	+	(3) One appointed by the majority leader of the House of 22
	53	+	Representatives, who is a current student at an institution of higher 23
	54	+	education in the state; 24
	55	+	(4) One appointed by the majority leader of the Senate, who is a 25
	56	+	parent of a current student at an institution of higher education in the 26
	57	+	state; 27
	58	+	(5) One appointed by the minority leader of the House of 28
	59	+	Representatives, who is a recent graduate of an institution of higher 29
	60	+	education in the state; 30
	61	+	(6) One appointed by the minority leader of the Senate, who is a 31
	62	+	parent of a recent graduate of an institution of higher education in the 32
	63	+	state; 33
	64	+	(7) The executive director of the Office of Higher Education, or the 34
	65	+	executive director's designee; 35
	66	+	(8) The executive director of the Connecticut Higher Education 36
	67	+	Supplemental Loan Authority, or the executive director's designee; and 37
	68	+	(9) The chairpersons, vice-chairpersons and ranking members of the 38
	69	+	joint standing committee of the General Assembly having cognizance of 39
	70	+	matters relating to higher education and employment advancement, or 40
	71	+	their designees. 41
	72	+	(c) Any member of the task force appointed under subdivision (1), 42
	73	+	(2), (3), (4), (5) or (6) of subsection (b) of this section may be a member 43
	74	+	Committee Bill No. 5895
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	77	+	LCO No. 3789 3 of 4
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77		-	(d) All initial appointments to the task force shall be made not later 47
78		-	than thirty days after the effective date of this section. Any vacancy shall 48
79		-	be filled by the appointing authority. 49
80		-	(e) The speaker of the House of Representatives and the president pro 50
81		-	tempore of the Senate shall select the chairpersons of the task force from 51
82		-	among the members of the task force. Such chairpersons shall schedule 52
83		-	the first meeting of the task force, which shall be held not later than sixty 53
84		-	days after the effective date of this section. 54
85		-	(f) The administrative staff of the joint standing committee of the 55
86		-	General Assembly having cognizance of matters relating to higher 56
87		-	education shall serve as administrative staff of the task force. 57
88		-	(g) Not later than January 1, 2022, the task force shall submit a report on 58
89		-	its findings and recommendations to the joint standing committee of the 59
90		-	General Assembly having cognizance of matters relating to higher 60
91		-	education, in accordance with the provisions of section 11-4a of the 61
92		-	general statutes. The task force shall terminate on the date that it 62
93		-	submits such report or January 1, 2022, whichever is later.63
	79	+	of the General Assembly. 44
	80	+	(d) All initial appointments to the task force shall be made not later 45
	81	+	than thirty days after the effective date of this section. Any vacancy shall 46
	82	+	be filled by the appointing authority. 47
	83	+	(e) The speaker of the House of Representatives and the president pro 48
	84	+	tempore of the Senate shall select the chairpersons of the task force from 49
	85	+	among the members of the task force. Such chairpersons shall schedule 50
	86	+	the first meeting of the task force, which shall be held not later than sixty 51
	87	+	days after the effective date of this section. 52
	88	+	(f) The administrative staff of the joint standing committee of the 53
	89	+	General Assembly having cognizance of matters relating to higher 54
	90	+	education shall serve as administrative staff of the task force. 55
	91	+	(g) Not later than January 1, 2022, the task force shall submit a report 56
	92	+	on its findings and recommendations to the joint standing committee of 57
	93	+	the General Assembly having cognizance of matters relating to higher 58
	94	+	education, in accordance with the provisions of section 11-4a of the 59
	95	+	general statutes. The task force shall terminate on the date that it 60
	96	+	submits such report or January 1, 2022, whichever is later. 61
94	97		This act shall take effect as follows and shall amend the following
95	98		sections:
96	99
97	100		Section 1 from passage New section
98	101
99		-	HED Joint Favorable Subst.
	102	+	Statement of Purpose:
	103	+	To establish a task force to study the amount of student loan debt of
	104	+	students and graduates in the state.
	105	+	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
	106	+	that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
	107	+	underlined.]
	108	+
	109	+	Co-Sponsors: REP. TURCO, 27th Dist.; REP. WINKLER, 56th Dist.
	110	+
	111	+	H.B. 5895
	112	+	Committee Bill No. 5895
	113	+
	114	+
	115	+	LCO No. 3789 4 of 4
	116	+
100	117