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5 | 5 | | 2023 -- H 5983 |
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6 | 6 | | ======== |
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7 | 7 | | LC002227 |
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8 | 8 | | ======== |
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9 | 9 | | S TATE OF RHODE IS LAND |
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10 | 10 | | IN GENERAL ASSEMBLY |
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11 | 11 | | JANUARY SESSION, A.D. 2023 |
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12 | 12 | | ____________ |
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13 | 13 | | |
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14 | 14 | | A N A C T |
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15 | 15 | | RELATING TO STATE AFFAIRS AND GOVERNMENT -- STAY INVESTED IN RI |
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16 | 16 | | WAVEMAKER FELLOWSHIP S |
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17 | 17 | | Introduced By: Representatives Giraldo, and Morales |
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18 | 18 | | Date Introduced: March 01, 2023 |
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19 | 19 | | Referred To: House Finance |
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20 | 20 | | |
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21 | 21 | | |
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22 | 22 | | It is enacted by the General Assembly as follows: |
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23 | 23 | | SECTION 1. Legislative findings. 1 |
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24 | 24 | | The general assembly hereby finds that: 2 |
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25 | 25 | | (1) The Rhode Island Early Intervention Program, a program established under Part C of 3 |
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26 | 26 | | the federal Individuals with Disabilities Education Act and § 23-13-22, is a core component of the 4 |
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27 | 27 | | state’s commitment to ensuring that families with infants and toddlers with or at substantial risk for 5 |
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28 | 28 | | developmental delays and disabilities receive high-quality services as early as possible so children 6 |
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29 | 29 | | can develop to their fullest potential and succeed in school and life. 7 |
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30 | 30 | | (2) Research has shown that about one-third (1/3) of children who receive Early 8 |
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31 | 31 | | Intervention services no longer have a developmental delay or special education need in 9 |
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32 | 32 | | kindergarten. 10 |
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33 | 33 | | (3) Early Intervention programs in Rhode Island are not able to attract and retain enough 11 |
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34 | 34 | | qualified clinicians, including speech language pathologists, occupational therapists, and physical 12 |
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35 | 35 | | therapists, to serve eligible infants and toddlers with developmental delays and disabilities. 13 |
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36 | 36 | | Qualified clinicians who are bilingual in Spanish and English are especially difficult to hire and 14 |
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37 | 37 | | retain. Many qualified clinicians have accrued significant student loan debt to earn their credentials 15 |
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38 | 38 | | and would be attracted to jobs in programs that are eligible for student loan repayment programs. 16 |
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39 | 39 | | SECTION 2. Sections 42-64.26-3 and 42-64.26-5 of the General Laws in Chapter 42-64.26 17 |
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40 | 40 | | entitled "Stay Invested in RI Wavemaker Fellowships" are hereby amended to read as follows: 18 |
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41 | 41 | | |
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42 | 42 | | |
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43 | 43 | | LC002227 - Page 2 of 6 |
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44 | 44 | | 42-64.26-3. Definitions. 1 |
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45 | 45 | | As used in this chapter: 2 |
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46 | 46 | | (1) “Applicant” means an eligible graduate who applies for a tax credit for education loan 3 |
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47 | 47 | | repayment expenses under this chapter. 4 |
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48 | 48 | | (2) “Award” means a tax credit awarded by the commerce corporation to an applicant as 5 |
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49 | 49 | | provided under this chapter. 6 |
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50 | 50 | | (3) “Commerce corporation” means the Rhode Island commerce corporation established 7 |
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51 | 51 | | pursuant to chapter 64 of this title. 8 |
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52 | 52 | | (4) “Early intervention” means the comprehensive statewide program to provide services 9 |
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53 | 53 | | to infants and toddlers with disabilities and their families that is overseen by the executive office 10 |
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54 | 54 | | of health and human services to meet the Part C requirements of the Federal Individuals with 11 |
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55 | 55 | | Disabilities Education Act and § 23-13-22. 12 |
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56 | 56 | | (5) “Eligibility period” means a term of up to four (4) consecutive service periods 13 |
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57 | 57 | | beginning with the date that an eligible graduate receives initial notice of award under this chapter 14 |
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58 | 58 | | and expiring at the conclusion of the fourth service period after such date specified. 15 |
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59 | 59 | | (5)(6) “Eligibility requirements” means the following qualifications or criteria required for 16 |
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60 | 60 | | an applicant to claim an award under this chapter: 17 |
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61 | 61 | | (i) That the applicant shall have graduated from an accredited two-year (2), four-year (4) 18 |
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62 | 62 | | or graduate postsecondary institution of higher learning with an associate’s, bachelor’s, graduate, 19 |
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63 | 63 | | or post-graduate degree and at which the applicant incurred education loan repayment expenses; 20 |
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64 | 64 | | (ii) That the applicant shall be a full-time employee with a Rhode Island-based employer 21 |
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65 | 65 | | located in this state throughout the eligibility period, whose employment is for work in one or more 22 |
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66 | 66 | | of the following covered fields: life, natural or environmental sciences; computer, information or 23 |
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67 | 67 | | software technology; advanced mathematics or finance; engineering; industrial design or other 24 |
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68 | 68 | | commercially related design field; or medicine or medical device technology. 25 |
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69 | 69 | | (6)(7) “Eligible expenses” or “education loan repayment expenses” means annual higher 26 |
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70 | 70 | | education loan repayment expenses, including, without limitation, principal, interest and fees, as 27 |
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71 | 71 | | may be applicable, incurred by an eligible graduate and which the eligible graduate is obligated to 28 |
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72 | 72 | | repay for attendance at a postsecondary institution of higher learning. 29 |
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73 | 73 | | (7)(8) “Eligible graduate” means an individual who meets the eligibility requirements 30 |
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74 | 74 | | under this chapter. 31 |
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75 | 75 | | (8)(9) “Full-time employee” means a person who is employed by a business for 32 |
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76 | 76 | | consideration for a minimum of at least thirty-five (35) hours per week, or who renders any other 33 |
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77 | 77 | | standard of service generally accepted by custom or practice as full-time employment, or who is 34 |
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78 | 78 | | |
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79 | 79 | | |
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80 | 80 | | LC002227 - Page 3 of 6 |
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81 | 81 | | employed by a professional employer organization pursuant to an employee leasing agreement 1 |
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82 | 82 | | between the business and the professional employer organization for a minimum of thirty-five (35) 2 |
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83 | 83 | | hours per week, or who renders any other standard of service generally accepted by custom or 3 |
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84 | 84 | | practice as full-time employment, and whose wages are subject to withholding. 4 |
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85 | 85 | | (9)(10) “Healthcare applicant” means any applicant who meets the eligibility requirements 5 |
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86 | 86 | | and works as a full-time employee as a high-demand healthcare practitioner or mental health 6 |
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87 | 87 | | professional, including, but not limited to, clinical social workers and mental health counselors 7 |
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88 | 88 | | licensed by the department of health, and as defined in regulations to be promulgated by the 8 |
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89 | 89 | | commerce corporation, in consultation with the executive office of health and human services, 9 |
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90 | 90 | | pursuant to chapter 35 of this title. 10 |
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91 | 91 | | (10)(11) “Healthcare fund” refers to the “Healthcare Stay Invested in RI Wavemaker 11 |
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92 | 92 | | Fellowship Fund” established pursuant to § 42-64.26-4(b). 12 |
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93 | 93 | | (11)(12) “Rhode Island-based employer” means: (i) An employer having a principal place 13 |
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94 | 94 | | of business or at least fifty-one percent (51%) of its employees located in this state; or (ii) An 14 |
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95 | 95 | | employer registered to conduct business in this state that reported Rhode Island tax liability in the 15 |
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96 | 96 | | previous tax year. 16 |
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97 | 97 | | (12)(13) “Service period” means a twelve-month (12) period beginning on the date that an 17 |
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98 | 98 | | eligible graduate receives initial notice of award under this chapter. 18 |
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99 | 99 | | (13)(14) “STEM/design fund” refers to the “Stay Invested in RI Wavemaker Fellowship 19 |
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100 | 100 | | Fund” established pursuant to § 42-64.26-4(a). 20 |
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101 | 101 | | (14)(15) “Student loan” means a loan to an individual by a public authority or private lender 21 |
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102 | 102 | | to assist the individual to pay for tuition, books, and living expenses in order to attend a 22 |
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103 | 103 | | postsecondary institution of higher learning. 23 |
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104 | 104 | | (15)(16) “Taxpayer” means an applicant who receives a tax credit under this chapter. 24 |
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105 | 105 | | 42-64.26-5. Administration. 25 |
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106 | 106 | | (a) Application. An eligible graduate claiming an award under this chapter shall submit to 26 |
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107 | 107 | | the commerce corporation an application in the manner that the commerce corporation shall 27 |
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108 | 108 | | prescribe. 28 |
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109 | 109 | | (b) Upon receipt of a proper application from an applicant who meets all of the eligibility 29 |
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110 | 110 | | requirements, the commerce corporation shall select applicants on a competitive basis to receive 30 |
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111 | 111 | | credits for up to a maximum amount for each service period of one thousand dollars ($1,000) for 31 |
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112 | 112 | | an associate’s degree holder, four thousand dollars ($4,000) for a bachelor’s degree holder, and six 32 |
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113 | 113 | | thousand dollars ($6,000) for a graduate or post-graduate degree holder, but not to exceed the 33 |
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114 | 114 | | education loan repayment expenses incurred by such taxpayer during each service period 34 |
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115 | 115 | | |
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116 | 116 | | |
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117 | 117 | | LC002227 - Page 4 of 6 |
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118 | 118 | | completed, for up to four (4) consecutive service periods provided that the taxpayer continues to 1 |
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119 | 119 | | meet the eligibility requirements throughout the eligibility period. The commerce corporation shall 2 |
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120 | 120 | | delegate the selection of the applicants that are to receive awards to a fellowship committee to be 3 |
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121 | 121 | | convened by the commerce corporation and promulgate the selection procedures the fellowship 4 |
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122 | 122 | | committee will use, which procedures shall require that the committee’s consideration of 5 |
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123 | 123 | | applications be conducted on a name-blind and employer-blind basis and that the applications and 6 |
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124 | 124 | | other supporting documents received or reviewed by the fellowship committee shall be redacted of 7 |
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125 | 125 | | the applicant’s name, street address, and other personally-identifying information as well as the 8 |
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126 | 126 | | applicant’s employer’s name, street address, and other employer-identifying information. The 9 |
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127 | 127 | | commerce corporation shall determine the composition of the fellowship committee and the 10 |
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128 | 128 | | selection procedures it will use in consultation with the state’s chambers of commerce. 11 |
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129 | 129 | | Notwithstanding the foregoing, the commerce corporation shall create and establish a committee 12 |
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130 | 130 | | to evaluate any healthcare applicant for an award in the same manner as prescribed in this 13 |
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131 | 131 | | subsection. The executive office of health and human services (“EOHHS”) shall be represented on 14 |
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132 | 132 | | the committee and provide consultation to the commerce corporation on selection procedures. 15 |
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133 | 133 | | Notwithstanding EOHHS’s consultation and representation in the selection of healthcare 16 |
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134 | 134 | | applicants, the commerce corporation shall administer all other aspects of a healthcare applicant’s 17 |
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135 | 135 | | application, award, and certification. 18 |
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136 | 136 | | (c) The credits awarded under this chapter shall not exceed one hundred percent (100%) of 19 |
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137 | 137 | | the education loan repayment expenses incurred by such taxpayer during each service period 20 |
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138 | 138 | | completed for up to four (4) consecutive service periods. Tax credits shall be issued annually to the 21 |
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139 | 139 | | taxpayer upon proof that (i) The taxpayer has actually incurred and paid such education loan 22 |
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140 | 140 | | repayment expenses; (ii) The taxpayer continues to meet the eligibility requirements throughout 23 |
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141 | 141 | | the service period; (iii) The award shall not exceed the original loan amount plus any capitalized 24 |
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142 | 142 | | interest less award previously claimed under this section; and (iv) The taxpayer claiming an award 25 |
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143 | 143 | | is current on his or her student loan repayment obligations. 26 |
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144 | 144 | | (d) The commerce corporation shall not commit to overall STEM/design awards in excess 27 |
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145 | 145 | | of the amount contained in the STEM/design fund or to overall healthcare awards in excess of the 28 |
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146 | 146 | | amount contained in the healthcare fund. 29 |
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147 | 147 | | (e) The commerce corporation shall reserve seventy percent (70%) of the awards issued in 30 |
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148 | 148 | | a calendar year to applicants who are permanent residents of the state of Rhode Island or who 31 |
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149 | 149 | | attended an institution of higher education located in Rhode Island when they incurred the 32 |
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150 | 150 | | education loan expenses to be repaid. 33 |
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151 | 151 | | (f) In administering award, the commerce corporation shall: 34 |
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152 | 152 | | |
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153 | 153 | | |
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154 | 154 | | LC002227 - Page 5 of 6 |
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155 | 155 | | (1) Require suitable proof that an applicant meets the eligibility requirements for award 1 |
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156 | 156 | | under this chapter; 2 |
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157 | 157 | | (2) Determine the contents of applications and other materials to be submitted in support 3 |
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158 | 158 | | of an application for award under this chapter; and 4 |
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159 | 159 | | (3) Collect reports and other information during the eligibility period for each award to 5 |
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160 | 160 | | verify that a taxpayer continues to meet the eligibility requirements for an award. 6 |
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161 | 161 | | (g) In order to address the staffing crisis in the early intervention program and reduce the 7 |
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162 | 162 | | number of infants and toddlers with developmental delays and disabilities who are waiting for 8 |
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163 | 163 | | needed services, the commerce corporation shall reserve ten (10) awards, or fewer if there are an 9 |
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164 | 164 | | insufficient number of qualified applicants, in each calendar year for qualified applicants who are 10 |
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165 | 165 | | employed by certified early intervention agencies as speech language pathologists, occupational 11 |
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166 | 166 | | therapists, physical therapists, or other qualified professionals on the wavemaker list. Pursuant to 12 |
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167 | 167 | | subsection (b) of this section, the commerce corporation shall establish selection criteria for the 13 |
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168 | 168 | | early intervention awards that prioritizes qualified applicants who have demonstrated evidence of 14 |
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169 | 169 | | bilingual fluency in English and Spanish or English and any other high demand language. 15 |
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170 | 170 | | SECTION 3. This act shall take effect upon passage. 16 |
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171 | 171 | | ======== |
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172 | 172 | | LC002227 |
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173 | 173 | | ======== |
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174 | 174 | | |
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175 | 175 | | |
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176 | 176 | | LC002227 - Page 6 of 6 |
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177 | 177 | | EXPLANATION |
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178 | 178 | | BY THE LEGISLATIVE COUNCIL |
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179 | 179 | | OF |
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180 | 180 | | A N A C T |
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181 | 181 | | RELATING TO STATE AFFAIRS AND GOVERNMENT -- STAY INVESTED IN RI |
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182 | 182 | | WAVEMAKER FELLOWSHIP S |
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183 | 183 | | *** |
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184 | 184 | | This act would require the commerce corporation to reserve ten (10) awards each calendar 1 |
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185 | 185 | | year for qualified applicants who are employed by certified early intervention agencies as speech 2 |
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186 | 186 | | language pathologist, occupational therapists, physical therapist, or other qualified professions on 3 |
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187 | 187 | | the wavemaker list, in hopes of addressing the staffing crisis of early intervention programs. 4 |
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188 | 188 | | This act would take effect upon passage. 5 |
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189 | 189 | | ======== |
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190 | 190 | | LC002227 |
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191 | 191 | | ======== |
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