House Study Bill 62 - Introduced HOUSE FILE _____ BY (PROPOSED COMMITTEE ON HIGHER EDUCATION BILL BY CHAIRPERSON COLLINS) A BILL FOR An Act requiring that a portion of funds for the Iowa tuition 1 grant be awarded to students pursuing majors leading to 2 high-wage and high-demand jobs and including effective date 3 provisions. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 2127YC (2) 91 je/jh
H.F. _____ Section 1. Section 84A.1B, Code 2025, is amended by adding 1 the following new subsection: 2 NEW SUBSECTION . 18. Create, in collaboration with the Iowa 3 association of independent colleges and universities, a list 4 of high-wage and high-demand jobs and corresponding academic 5 majors offered by accredited private institutions as defined in 6 section 256.183 for purposes of the Iowa tuition grant program 7 established under chapter 256, subchapter VII, part 4, subpart 8 B. The workforce development board, in collaboration with the 9 Iowa association of independent colleges and universities, 10 shall update the list at least once every two years. In 11 creating a list under this subsection, the following criteria, 12 at a minimum, apply: 13 a. An entry-level annual salary of not less than forty 14 thousand dollars. 15 b. Educational attainment of a qualifying credential of 16 at least a bachelors degree, or attainment of an initial or 17 intern Iowa teaching license issued under chapter 256 through 18 a pathway to licensure offered by an accredited private 19 institution as defined in section 256.183. 20 c. At least one of any of the following: 21 (1) Projected annual job openings of at least two hundred 22 fifty during the next five years. 23 (2) Projected annual growth in the number of job openings 24 of at least one percent. 25 Sec. 2. Section 256.189, subsection 1, Code 2025, is amended 26 by adding the following new paragraph: 27 NEW PARAGRAPH . d. Award no less than fifty percent of the 28 funds available for the tuition grant program each fiscal year 29 to students pursuing majors that correspond to high-wage and 30 high-demand jobs included in the list of such jobs created by 31 the workforce development board pursuant to section 84A.1B, 32 subsection 18. 33 Sec. 3. EFFECTIVE DATE. The following, being deemed of 34 immediate importance, takes effect upon enactment: 35 -1- LSB 2127YC (2) 91 je/jh 1/ 2
H.F. _____ The section of this Act enacting section 84A.1B, subsection 1 18. 2 EXPLANATION 3 The inclusion of this explanation does not constitute agreement with 4 the explanations substance by the members of the general assembly. 5 This bill requires the college student aid commission to 6 award no less than 50 percent of the funds available for Iowa 7 tuition grants each fiscal year to students pursuing majors 8 that correspond to high-wage and high-demand jobs. 9 The bill requires the workforce development board, in 10 collaboration with the Iowa association of independent colleges 11 and universities, to create a list of high-wage and high-demand 12 jobs for this purpose and establishes criteria for the list. 13 The provision requiring the workforce development board to 14 create the list takes effect upon enactment. 15 -2- LSB 2127YC (2) 91 je/jh 2/ 2