Texas 2021 - 87th Regular

Texas Senate Bill SB575 Latest Draft

Bill / Introduced Version Filed 02/03/2021

                            87R5984 MM-D
 By: Hinojosa S.B. No. 575


 A BILL TO BE ENTITLED
 AN ACT
 relating to the Nursing Faculty Loan Repayment Assistance Program.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 61.9822, Education Code, is amended to
 read as follows:
 Sec. 61.9822.  ELIGIBILITY.  To be eligible to receive loan
 repayment assistance under this subchapter, a nurse must:
 (1)  apply to the board;
 (2)  at the time of application for repayment
 assistance have been employed part-time or full-time for at least
 one year as, and be currently employed part-time or full-time as, a
 faculty member of a nursing degree program at an institution of
 higher education or a private or independent institution of higher
 education; and
 (3)  comply with any additional requirements adopted by
 board rule.
 SECTION 2.  Sections 61.9823(a) and (b), Education Code, are
 amended to read as follows:
 (a)  On qualifying for loan repayment assistance under this
 subchapter, a nurse may receive repayment assistance for each year
 of part-time or full-time employment as a faculty member of a
 nursing degree program at an institution of higher education or
 private or independent institution of higher education, not to
 exceed five years.
 (b)  The board by rule shall determine the maximum amount of
 loan repayment assistance received by a nurse under this subchapter
 [may not exceed $7,000] in any one year.  The board shall base the
 amount of loan repayment assistance received by a nurse for
 part-time employment on the proportion of the number of hours
 worked by the nurse to the number of hours worked by a full-time
 nurse.
 SECTION 3.  (a)  As soon as practicable after the effective
 date of this Act, the Texas Higher Education Coordinating Board
 shall adopt rules necessary to administer the changes in law made by
 this Act.
 (b)  The changes in law made by this Act apply beginning with
 loan repayment assistance awarded under Subchapter JJ, Chapter 61,
 Education Code, for the 2022-2023 academic year. Loan repayment
 assistance awarded under Subchapter JJ, Chapter 61, Education Code,
 for an academic year before the 2022-2023 academic year is governed
 by the law in effect immediately before the effective date of this
 Act, and the former law is continued in effect for that purpose.
 SECTION 4.  This Act takes effect September 1, 2021.