SB 1758, Sen 2nd Rdg, Amnd #F1

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Amend CSSB 1758 (senate committee printing) by adding the following appropriately numbered SECTIONS to the bill and renumbering the SECTIONS of the bill accordingly:

SECTION ____. Section 61.9821, Education Code, is amended to read as follows:

Sec. 61.9821. REPAYMENT AUTHORIZED. The board shall establish and administer a program to provide, in accordance with this subchapter and board rules, assistance in the repayment of student loans for nurses who:

(1) are serving on the faculties of nursing degree programs at institutions to which this subchapter applies [~~of higher education or private or independent institutions of higher education~~] in positions that require an advanced degree in professional nursing; and

(2) apply and qualify for the assistance.

SECTION ____. Subchapter JJ, Chapter 61, Education Code, is amended by adding Section 61.98211 to read as follows:

Sec. 61.98211. APPLICABILITY OF SUBCHAPTER. This subchapter applies to:

(1) an institution of higher education;

(2) a private or independent institution of higher education; and

(3) a nonprofit, tax-exempt, regionally accredited college or university operating in accordance with a memorandum of understanding with this state under an executive order issued by the governor.

SECTION ____. 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 full-time for at least one year as, and be currently employed full-time as, a faculty member of a nursing degree program at an institution to which this subchapter applies [~~of higher education or a private or independent institution of higher education~~]; and

(3) comply with any additional requirements adopted by board rule.

SECTION ____. Section 61.9823(a), Education Code, is 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 full-time employment as a faculty member of a nursing degree program at an institution to which this subchapter applies [~~of higher education or private or independent institution of higher education~~], not to exceed five years.

SECTION ____. Section 61.9828(b), Education Code, is amended to read as follows:

(b) The board shall distribute a copy of the rules adopted under this section and pertinent information regarding this subchapter to:

(1) each institution to which this subchapter applies [~~of higher education and private or independent institution of higher education~~];