Florida Senate - 2016 COMMITTEE AMENDMENT Bill No. SB 290 Ì683966ZÎ683966 LEGISLATIVE ACTION Senate . House Comm: RCS . 02/01/2016 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Appropriations Subcommittee on Education (Bullard) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete everything after the enacting clause 4 and insert: 5 Section 1. Section 1009.641, Florida Statutes, is created 6 to read: 7 1009.641 STEM Teacher Loan Forgiveness Program.— 8 (1) The STEM Teacher Loan Forgiveness Program, administered 9 by the Department of Education, is established to encourage and 10 incentivize qualified Florida college graduates to remain in 11 this state to teach STEM courses at a public school. 12 (2) To be eligible to participate in this program, a 13 teacher must meet all of the following criteria: 14 (a) Receive a baccalaureate or graduate degree from a 15 Florida public postsecondary education institution. 16 (b) Hold a valid Florida educator’s certificate under s. 17 1012.56. 18 (c) Be employed by a public school district and assigned to 19 teach a science, technology, engineering, or mathematics (STEM) 20 course at a public school in this state for 8 consecutive years. 21 (d) Not receive student loan repayment assistance from any 22 other state, local, or federal program or private fund. 23 (3) The program may cover only those loans received by 24 students from federal programs or commercial lending 25 institutions for the support of the study of education at a 26 postsecondary education institution. 27 (4) The department may make loan repayments, which shall be 28 prorated based on available appropriations, of up to $4,000 a 29 year for up to 4 years on behalf of teachers who meet the 30 eligibility requirements under subsection (2). All loan 31 repayments shall be made directly to the holder of the loan and 32 shall be contingent on proof of continued employment by a public 33 school district and of continued assignment to teach a STEM 34 course. 35 (5) The department may use only up to 1 percent of the 36 funds appropriated for the program to administer this section, 37 unless the General Appropriations Act authorizes a different 38 amount for such purpose. 39 (6) This section shall be implemented only as specifically 40 funded. 41 (7) The State Board of Education may adopt rules to 42 administer the program. 43 Section 2. This act shall take effect July 1, 2016. 44 45 ================= T I T L E A M E N D M E N T ================ 46 And the title is amended as follows: 47 Delete everything before the enacting clause 48 and insert: 49 A bill to be entitled 50 An act relating to the STEM Teacher Loan Forgiveness 51 Program; creating s. 1009.641, F.S.; creating the STEM 52 Teacher Loan Forgiveness Program; providing for the 53 administration of the program; providing for teacher 54 eligibility; specifying the type of loans the program 55 covers; authorizing the Department of Education to 56 make specified loan repayments; authorizing the 57 department to use up to a specified percentage of 58 available funds to administer the program; providing 59 for implementation and rulemaking; providing an 60 effective date.