HLS 12RS-1026 ORIGINAL Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2012 HOUSE BILL NO. 294 BY REPRESENTATIVE HARRISON STUDENT/LOANS-SCHOLARSHP: Establishes for a specified period of time a maximum dollar amount for a TOPS award AN ACT1 To enact R.S. 17:3048.1(Y), relative to the monetary amounts of awards granted pursuant2 to the Taylor Opportunity Program for Students; to provide maximum award3 amounts; to provide effectiveness; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 17:3048.1(Y) is hereby enacted to read as follows: 6 ยง3048.1. Program awards; eligibility; amounts; limitations; funding; administration7 * * *8 Y.(1) Notwithstanding any provision of this Chapter to the contrary,9 beginning with the 2013-2014 award year and continuing through the 2017-201810 award year, the maximum tuition award amount provided by the state to an11 otherwise qualified student who is the recipient of an award granted pursuant to this12 Chapter and who enrolls in any public college or university in the state shall not13 exceed an amount determined by the administering agency to equal the tuition14 charged by the public college or university attended or one thousand six hundred15 dollars per semester, whichever is less.16 (2) Notwithstanding any provision of this Chapter to the contrary, beginning17 with the 2013-2014 award year and continuing through the 2017-2018 award year,18 for an otherwise qualified student who is the recipient of an award granted pursuant19 to this Chapter and who enrolls in a regionally accredited independent college or20 HLS 12RS-1026 ORIGINAL HB NO. 294 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. university in the state which is a member of the Louisiana Association of1 Independent Colleges and Universities, the maximum tuition award amount shall not2 exceed an amount determined by the administering agency to equal the weighted3 average amounts awarded under this Section for students attending public colleges4 or universities in the state or one thousand six hundred dollars per semester,5 whichever is less.6 (3) The maximum tuition award amount specified in this Subsection is7 exclusive of any additional amounts awarded to students who qualify to receive a8 Performance or Honors award.9 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Harrison HB No. 294 Abstract: Establishes a maximum dollar amount of $1,600, for a TOPS award for the 2013- 2014 award year through the 2017-2018 award years. Relative to the Taylor Opportunity Program for Students (TOPS): Proposed law specifies that beginning with the 2013-2014 award year and continuing through the 2017-2018 award year, the tuition award amount provided to a TOPS award recipient who enrolls in any public college or university in the state shall not exceed an amount determined by the La. Student Financial Assistance Commission (LSFAC) to equal the tuition charged by the public college or university attended or $1,600 per semester, whichever is less. Proposed law also specifies that for the same period of time, the tuition award amount provided to a TOPS award recipient who enrolls in a regionally accredited independent college or university in the state which is a member of the La. Association of Independent Colleges and Universities shall not exceed an amount determined by LSFAC to equal the weighted average amounts awarded for students attending public colleges or universities in the state or $1,600 per semester, whichever is less. Provides that the maximum tuition award amount specified in proposed law is exclusive of any additional amounts awarded to students who qualify to receive a TOPS Performance or Honors award. (Adds R.S. 17:3048.1(Y))