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