Amend SB 532 (house committee report) by adding the following appropriately numbered SECTIONS to the bill and renumbering subsequent SECTIONS of the bill accordingly:
SECTION ____.  Section 61.9831, Education Code, is amended to read as follows:
Sec. 61.9831.  LOAN REPAYMENT ASSISTANCE AUTHORIZED.  The board shall provide, in accordance with this subchapter and board rules, assistance in the repayment of eligible student loans for eligible persons who agree to teach mathematics or science for a specified period in public schools [that receive federal funding under Title I, Elementary and Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.)].
SECTION ____.  Sections 61.9832(a) and (c), Education Code, are amended to read as follows:
(a)  To be eligible to receive loan repayment assistance under this subchapter, a person must:
(1)  apply annually for the loan repayment assistance in the manner prescribed by the board;
(2)  be a United States citizen;
(3)  have completed an undergraduate or graduate program in mathematics or science;
(4)  have a cumulative grade point average of at least 3.0 on a four-point scale or the equivalent;
(5)  be:
(A)  certified under Subchapter B, Chapter 21, to teach mathematics or science in a public school in this state; or
(B)  teaching under a probationary teaching certificate;
(6)  have been employed for at least one year as a teacher teaching mathematics or science at a public school [that receives funding under Title I, Elementary and Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.)];
(7)  not be in default on any other education loan;
(8)  not receive any other state or federal loan repayment assistance, including a Teacher Education Assistance for College and Higher Education (TEACH) Grant or teacher loan forgiveness;
(9)  enter into an agreement with the board under Subsection (c); and
(10)  comply with any other requirement adopted by the board under this subchapter.
(c)  To receive loan repayment assistance under this subchapter, a person must enter into an agreement with the board that includes the following provisions:
(1)  the person will accept an offer of full-time employment to teach mathematics or science, as applicable based on the person's certification, in a public school [that receives funding under Title I, Elementary and Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.)];
(2)  the person will complete four consecutive years of employment in any public school as a full-time classroom teacher [in a school described by Subdivision (1)] whose primary duty is to teach mathematics or science, as applicable, based on the person's certification;
(3)  beginning with the school year immediately following the last of the four consecutive school years described by Subdivision (2), the person will complete an additional number of consecutive school years teaching in any public school in this state, as prescribed by board rule; and
(4)  the person acknowledges the conditional nature of the loan repayment assistance.
SECTION ____.  Section 61.9839(a), Education Code, is amended to read as follows:
(a)  Subject to Sections 61.9833(b) and 61.9838(c), an [An] eligible person may continue to receive the same amount of loan repayment assistance received during the first four consecutive years of teaching service required under Section 61.9832(c)(2) if the person continues to teach in a public school in accordance with board rules for the prescribed number of consecutive school years occurring immediately after those [that receives funding under Title I, Elementary and Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.), after the] first four years [of teaching service required under Section 61.9832(c)(2)].
SECTION ____.  Section 61.9839(b), Education Code, is repealed.
SECTION ____.  (a)  As soon as practicable after the effective date of this Act, the Texas Higher Education Coordinating Board shall adopt rules necessary to administer Sections 61.9831, 61.9832, and 61.9839, Education Code, as amended by this Act.
(b)  Sections 61.9831, 61.9832, and 61.9839, Education Code, as amended by this Act, apply only to a loan repayment assistance agreement entered into under Subchapter KK, Chapter 61, Education Code, on or after the effective date of this Act.  A loan repayment assistance agreement entered into before the effective date of this Act is governed by the law in effect immediately before that date, and the former law is continued in effect for that purpose.