Enrolled Bill Summary

Senate Bill 16	Senate Author:  Hancock et al.
Effective:  9-1-19	House Sponsor:  Stucky et al.

            Senate Bill 16 amends the Education Code to require the Texas Higher Education Coordinating Board to establish and administer a peace officer loan repayment assistance program for eligible persons who agree to continued employment as full‑time peace officers in Texas for a specified period. The bill sets out initial and continuing eligibility criteria for a person seeking to participate in the program and entitles an eligible person to receive a specified annual amount of loan repayment assistance for a maximum period of five years, subject to the amount of available funding and to a $20,000 cap on the total assistance provided to one person. The bill provides criteria for determining the eligibility of a student loan for the repayment assistance.