*EH1042.1* February 16, 2024 ENGROSSED HOUSE BILL No. 1042 _____ DIGEST OF HB 1042 (Updated February 14, 2024 2:27 pm - DI 140) Citations Affected: IC 21-12. Synopsis: Transition to teaching scholarships. Provides that any balance in the next generation Hoosier educators scholarship fund remaining after the award of next generation Hoosier educators scholarships for a fiscal year may be used to fund additional transition to teaching scholarships. Removes a provision concerning the reduction of scholarships if certain limits are exceeded. Effective: July 1, 2024. Heine, Goodrich, Jordan, Klinker (SENATE SPONSORS — RAATZ, BROWN L, JOHNSON T, CRANE) January 8, 2024, read first time and referred to Committee on Education. January 11, 2024, reported — Do Pass. Referred to Committee on Ways and Means pursuant to Rule 127. January 18, 2024, reported — Do Pass. January 22, 2024, read second time, ordered engrossed. Engrossed. January 23, 2024, read third time, passed. Yeas 96, nays 0. SENATE ACTION February 5, 2024, read first time and referred to Committee on Education and Career Development. February 15, 2024, reported favorably — Do Pass; reassigned to Committee on Appropriations. EH 1042—LS 6221/DI 143 February 16, 2024 Second Regular Session of the 123rd General Assembly (2024) PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type. Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution. Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2023 Regular Session of the General Assembly. ENGROSSED HOUSE BILL No. 1042 A BILL FOR AN ACT to amend the Indiana Code concerning higher education. Be it enacted by the General Assembly of the State of Indiana: 1 SECTION 1. IC 21-12-16-8.5, AS ADDED BY P.L.242-2023, 2 SECTION 5, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE 3 JULY 1, 2024]: Sec. 8.5. (a) Subject to subsection (b), if an applicant 4 meets the requirements under section 5.5 of this chapter, the 5 commission may award a one (1) time nonrenewable scholarship to the 6 applicant in an amount of up to ten thousand dollars ($10,000) for 7 transition to teaching program and initial practitioner licensure costs 8 under IC 20-28-4. 9 (b) The total annual amount of scholarships awarded by the 10 commission under this section may not exceed one million dollars 11 ($1,000,000). If the total amount of scholarships exceeds the limit 12 under this subsection, the commission shall reduce the scholarships 13 awarded under subsection (a) in a manner prescribed by the 14 commission. 15 (c) Notwithstanding subsection (b), any balance in the next 16 generation Hoosier educators scholarship fund established by 17 section 3 of this chapter remaining after the commission has EH 1042—LS 6221/DI 143 2 1 awarded next generation Hoosier educators scholarships for a 2 fiscal year may be used to fund additional transition to teaching 3 scholarships as described in section 5.5 of this chapter. EH 1042—LS 6221/DI 143 3 COMMITTEE REPORT Mr. Speaker: Your Committee on Education, to which was referred House Bill 1042, has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill do pass. (Reference is to HB 1042 as introduced.) BEHNING Committee Vote: Yeas 13, Nays 0 _____ COMMITTEE REPORT Mr. Speaker: Your Committee on Ways and Means, to which was referred House Bill 1042, has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill do pass. (Reference is to HB 1042 as printed January 11, 2024.) THOMPSON Committee Vote: Yeas 23, Nays 0 _____ COMMITTEE REPORT Madam President: The Senate Committee on Education and Career Development, to which was referred House Bill No. 1042, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill DO PASS and be reassigned to the Senate Committee on Appropriations. (Reference is to HB 1042 as printed January 18, 2024.) RAATZ, Chairperson Committee Vote: Yeas 10, Nays 0 EH 1042—LS 6221/DI 143