BILL ANALYSIS Senate Research Center S.B. 686 84R8084 AAF-D By: Seliger Higher Education 3/3/2015 As Filed
BILL ANALYSIS
Senate Research Center S.B. 686
84R8084 AAF-D By: Seliger
Higher Education
3/3/2015
As Filed
Senate Research Center
S.B. 686
84R8084 AAF-D
By: Seliger
Higher Education
3/3/2015
As Filed
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT The 83rd Legislature created the Math and Science Scholars Loan Repayment Program and the mathematics and science teacher investment fund. This program is designed to assist Texas teachers in repaying higher education loan debt if they choose to teach math or science in a school district identified as a Title I school. Currently, the mathematics and science teacher investment fund may receive and collect gifts, grants, and other donations. S.B. 686 allows the fund to also receive general revenue as appropriated by the legislature. As proposed, S.B. 686 amends current law relating to the mathematics and science teacher investment fund for the Math and Science Scholars Loan Repayment Program. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 61.9837(b), Education Code, as follows: (b) Provides that the mathematics and science teacher investment fund is a dedicated account in the general revenue fund and consists of: (1) Makes a nonsubstantive change; (2) any amounts appropriated by the legislature for the fund; and (3) Creates this subdivision from existing text. Makes no further change to this subdivision. SECTION 2. Repealer: Section 61.9837(f) (prohibiting the legislature from appropriating general revenue to the fund), Education Code. SECTION 3. Effective date: upon passage or September 1, 2015.
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
The 83rd Legislature created the Math and Science Scholars Loan Repayment Program and the mathematics and science teacher investment fund. This program is designed to assist Texas teachers in repaying higher education loan debt if they choose to teach math or science in a school district identified as a Title I school.
Currently, the mathematics and science teacher investment fund may receive and collect gifts, grants, and other donations. S.B. 686 allows the fund to also receive general revenue as appropriated by the legislature.
As proposed, S.B. 686 amends current law relating to the mathematics and science teacher investment fund for the Math and Science Scholars Loan Repayment Program.
RULEMAKING AUTHORITY
This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 61.9837(b), Education Code, as follows:
(b) Provides that the mathematics and science teacher investment fund is a dedicated account in the general revenue fund and consists of:
(1) Makes a nonsubstantive change;
(2) any amounts appropriated by the legislature for the fund; and
(3) Creates this subdivision from existing text. Makes no further change to this subdivision.
SECTION 2. Repealer: Section 61.9837(f) (prohibiting the legislature from appropriating general revenue to the fund), Education Code.
SECTION 3. Effective date: upon passage or September 1, 2015.