SLS 14RS-389 ORIGINAL Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 SENATE BILL NO. 190 BY SENATOR MORRISH TOPS. Establishes a cap on TOPS award amounts. (gov sig) 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 for maximum award3 amounts; to provide for future adjustments of maximum award amounts; to provide4 for effectiveness; and to provide for related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 17:3048.1(Y) is hereby enacted to read as follows:7 ยง3048.1. Program awards; eligibility; amounts; limitations; funding; administration8 * * *9 Y.(1) Notwithstanding any provision of this Chapter to the contrary,10 beginning with the 2014-2015 award year, the amount awarded by the state to11 a student who is the recipient of any award granted pursuant to this Chapter12 shall not exceed an amount equal to the award amount paid for the 2013-201413 award year, plus an amount equal to ten percent of the 2013-2014 award14 amount.15 (2) Beginning with the 2015-2016 award year, the administering agency16 may consider any adjustments necessary to align the award amounts granted17 SB NO. 190 SLS 14RS-389 ORIGINAL Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. pursuant to this Chapter with changes in the Consumer Price Index and1 recommend any such adjustment to the legislature for approval during2 legislative sessions held in odd-numbered years.3 (3) The maximum award amounts specified in this Subsection shall be4 exclusive of any additional amounts awarded to students who receive a5 Performance Award or an Honors Award.6 Section 2. This Act shall become effective upon signature by the governor or, if not7 signed by the governor, upon expiration of the time for bills to become law without signature8 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If9 vetoed by the governor and subsequently approved by the legislature, this Act shall become10 effective on the day following such approval.11 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jeanne C. Johnston. DIGEST Morrish (SB 190) Present law provides as follows relative to the dollar amount awarded to Taylor Opportunity Program for Students (TOPS) recipients of Opportunity, Performance, or Honors awards: (1)For a recipient who attends a La. public college or university to pursue an academic undergraduate degree or skill or occupational training, the amount is an amount determined by the La. Student Financial Assistance Commission (LASFAC) to equal the tuition charged by the college or university attended. (2)For a recipient who attends an eligible state nonpublic college or university, the amount is an amount determined by LASFAC to equal the weighted average amount of amounts paid for students attending public colleges and universities that offer academic undergraduate degrees at the baccalaureate level or an amount determined by LASFAC to equal the weighted average of amounts paid for students attending public colleges and universities who are enrolled in permitted skill or occupational training. (3)For a recipient who is eligible to use the award at an out-of-state nonpublic college or university to pursue an academic undergraduate degree, the amount is an amount determined by LASFAC to equal the weighted average of amounts paid for students attending La. public colleges and universities that offer academic undergraduate degrees. (4)For a student who is the recipient of an Opportunity, Performance, or Honors award who enrolls in a cosmetology school registered by the La. State Board of Cosmetology or a proprietary school licensed by the Board of Regents, the amount is equal to the amount determined by LASFAC to equal the weighted average of amounts for students attending public colleges and universities who are enrolled in the permitted skill or occupational training. SB NO. 190 SLS 14RS-389 ORIGINAL Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. (5)Provides an additional $200 per semester, or $400 per academic year, to a recipient of a Performance Award, and provides an additional $400 per semester, or $800 per academic year, to a recipient of an Honors Award. Relative to the dollar amount of a TOPS-Tech Award, present law provides as follows: (1)For a recipient who attends an eligible La. public college or university that does not offer an academic undergraduate degree at the baccalaureate level or higher to pursue permitted skill or occupational training, the amount equals the actual cost of tuition. (2)For a recipient who attends any other eligible postsecondary education institution, the amount equals the amount determined by LASFAC to equal the weighted average of amounts paid for students attending public institutions who are enrolled in the permitted skill or occupational training. Proposed law provides that, beginning with the 2014-2015 award year: (1)The amount awarded by the state to a student who is the recipient of any TOPS award shall not exceed an amount equal to the award amount paid for the 2013-2014 award year, plus an amount equal to ten percent of the 2013-2014 award amount. (2)Retains payment of the supplemental amounts established in present law for a recipient of a Performance or Honors award. Proposed law provides that, beginning with the 2015-2016 award year, the administering agency may consider any adjustments necessary to align TOPS award amounts with changes in the Consumer Price Index and recommend any such adjustments to the legislature for approval during legislative sessions held in odd-numbered years. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 17:3048.1(Y))