By Turner of Harris H.B. No. 3301 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the deferral of the payment of certain student loans 1-3 owed by school district educators. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. The heading to Subchapter M, Chapter 61, 1-6 Education Code, is amended to read as follows: 1-7 SUBCHAPTER M. REPAYMENT OR DEFERRAL OF CERTAIN TEACHER 1-8 EDUCATION LOANS 1-9 SECTION 2. Subchapter M, Chapter 61, Education Code, is by 1-10 adding Section 61.709 is amended to read as follows: 1-11 Sec. 61.709. DEFERRAL OF STUDENT LOANS. (a) In addition to 1-12 any other loan repayment or deferral program operated by the board, 1-13 the board shall establish a program that allows a school district 1-14 employee who is an educator and who owes a student loan to this 1-15 state or an agency of this state, including the Texas Guaranteed 1-16 Student Loan Corporation, or to the United States or who owes a 1-17 student loan guaranteed by this state or an agency of this state, 1-18 including the Texas Guaranteed Student Loan Corporation, or by the 1-19 United States to defer the repayment of the loan, to the extent 1-20 allowed by applicable federal law, for a reasonable time determined 1-21 by the board as long as the person is employed full-time as an 1-22 educator by a school district. 2-1 (b) In this section, "educator" and "school district" have 2-2 the meanings assigned by Section 5.001. 2-3 SECTION 3. This Act takes effect September 1, 1997. 2-4 SECTION 4. The importance of this legislation and the 2-5 crowded condition of the calendars in both houses create an 2-6 emergency and an imperative public necessity that the 2-7 constitutional rule requiring bills to be read on three several 2-8 days in each house be suspended, and this rule is hereby suspended.