WES MOORE, Governor Ch. 365 – 1 – Chapter 365 (Senate Bill 657) AN ACT concerning Anne Arundel County – Student Loan Assistance Repayment Program for Educators – Established FOR the purpose of establishing the Anne Arundel County Student Loan Assistance Repayment Program for Educators to assist in the repayment of certain student loans owed by educators who meet certain eligibility requirements; authorizing the governing body of Anne Arundel County to establish the Program for educators employed by the Anne Arundel County Public School System; requiring the county to establish the amount and terms and conditions of the Program; and generally relating to the establishment of the Anne Arundel County Student Loan Assistance Repayment Program for Educators. BY adding to Article – Education Section 18–4001 through 18–4005 to be under the new subtitle “Subtitle 40. Anne Arundel County Student Loan Assistance Repayment Program for Educators” Annotated Code of Maryland (2022 Replacement Volume and 2023 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article – Education SUBTITLE 40. ANNE ARUNDEL COUNTY STUDENT LOAN ASSISTANCE REPAYMENT PROGRAM FOR EDUCATORS. 18–4001. (A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED. (B) “EDUCATOR” INCLUDES A CLASSROOM TEACHER, AN EDUCATION SUPPORT PROFESSIONAL , AN EDUCATION –RELATED SERVICE PROVIDER, AND A SPECIALIST ELIGIBLE FOR CERTIFICATION FR OM THE STATE DEPARTMENT OF EDUCATION. (B) (C) “HIGHER EDUCATION LOAN ” MEANS ANY LOAN FOR UNDERGRADUATE OR GRA DUATE STUDY THAT IS OBTAINED FOR TUITION , EDUCATIONAL EXPENSES , OR LIVING EXPENSES F ROM: Ch. 365 2024 LAWS OF MARYLAND – 2 – (1) A COLLEGE OR UNIVERSIT Y, GOVERNMENT , OR COMMERCIAL SOURCE; OR (2) AN ORGANIZATION , AN INSTITUTION , AN ASSOCIATION , A SOCIETY, OR A CORPORATION THA T IS EXEMPT FROM TAX ATION UNDER § 501(C)(3) OR (4) OF THE INTERNAL REVENUE CODE OF 1986. (C) (D) “PROGRAM” MEANS THE ANNE ARUNDEL COUNTY STUDENT LOAN ASSISTANCE REPAYMENT PROGRAM FOR EDUCATORS. 18–4002. (A) IN ANNE ARUNDEL COUNTY, THE GOVERNING BOARD OF THE COUNTY MAY ESTABLISH A STUDENT LOAN ASSISTANCE REPAYMENT PROGRAM FOR EDUCATORS EMPLOYED BY THE ANNE ARUNDEL COUNTY PUBLIC SCHOOL SYSTEM. (B) THE PURPOSE OF THE PROGRAM IS TO ATTRACT , RECRUIT, AND RETAIN A DIVERSE CADRE OF Q UALIFIED EDUCATORS IN THE ANNE ARUNDEL COUNTY PUBLIC SCHOOL SYSTEM THAT IS REFLEC TIVE OF THE STUDENT POPULATIO N WITHIN THE COUNTY SC HOOLS. (C) SUBJECT TO SUBSECTION (D) OF THIS SECTION , THE COUNTY SHALL ASSIST IN THE REPAYM ENT OF HIGHER EDUCAT ION LOANS OWED BY AN INDIVIDUAL WHO: (1) RECEIVES A GRADUATE , PROFESSIONAL , OR UNDERGRADUATE DEGREE FROM AN ACCRE DITED COLLEGE OR UNIVERS ITY; (2) OBTAINS EMPLOYMENT AS AN EDUCATOR IN THE ANNE ARUNDEL COUNTY PUBLIC SCHOOL SYSTEM; (3) COMMITS TO SERVE IN THE ANNE ARUNDEL COUNTY PUBLIC SCHOOL SYSTEM FOR A PERIOD O F NOT LESS THAN 5 YEARS; (4) RECEIVES AN INCOME TH AT IS LESS THAN THE MAXIMUM ELIGIBLE TOTAL INCOM E LEVELS ESTABLISHED BY THE COUNTY , INCLUDING ANY ADDITIONAL SOURCES O F INCOME THE INDIVIDUAL MAY EARN; (5) IS NOT IN DEFAULT ON ANY STUDENT LOAN ; AND (6) SATISFIES ANY OTHER CRITERIA ESTABLISHED UNDER THE PROGRAM BY THE COUNTY . WES MOORE, Governor Ch. 365 – 3 – (D) AN APPLICANT FOR ASSI STANCE IN THE REPAYM ENT OF A COMMERCIAL LOAN SHALL DEMONSTRA TE TO THE COUNTY THA T THE COMMERCIAL LOA N WAS USED FOR TUITION , EDUCATIONAL EXPENSES , OR LIVING EXPENSES F OR GRADUA TE OR UNDERGRADUATE STU DY. 18–4003. LOAN ASSISTANCE UNDER THE PROGRAM SHALL BE IN T HE AMOUNT AND ON THE TERMS AND CONDIT IONS ESTABLISHED BY THE COUNTY. 18–4004. THE PROGRAM SHALL BE ADMI NISTERED BY THE ANNE ARUNDEL COUNTY PUBLIC SCHOOL SYSTEM. 18–4005. (A) FUNDS FOR THE PROGRAM SHALL BE AS P ROVIDED ON AN ANNUAL BASIS IN THE COUNTY BUDGET IN AN APPROPR IATION SEPARATE FROM THE COUNTY’S APPROPRIATION TO T HE OPERATING BUDGET OF THE ANNE ARUNDEL COUNTY BOARD OF EDUCATION. (B) FUNDS FOR THE PROGRAM M AY BE USED TO COVER ADMINISTRATIVE EXPENSES OF THE PROGRAM. SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect October 1, 2024. Approved by the Governor, April 25, 2024.