H.B. 85
         TEACHER LOAN PROGRAM

senate committee Amendments

Amendment 1 February 19, 2008 2:08 pm



Senator ___________ proposes the following amendments:


1.    Page 2, Lines 32 through 34
    House Committee Amendments
    1-29-2008 :    

             32          (2) The
  State       Board of Education shall:

             33          (a)
  subject to the availability of funding for the loan program from appropriations and loan principal and interest repayments,       award      {   appropriated   } loan funds to individual teachers who:

             34          (i) teach full time in a school district H. or charter school .H within the state;



2.    Page 3, Lines 78 through 79
    House Committee Amendments
    1-29-2008 :    

             78      residence is sold within ten years of loan issuance.
  (6) If appropriations and loan principal and interest repayment funds are insufficient to cover the costs associated with the Teacher Loan Program for all eligible applicants, the State Board of Education shall:

    (a) limit the number of loans authorized to correspond to the amount of available funds; and
    (b) select recipients using the criteria established pursuant to Subsection (5)(a).  

             79      Section 2. Appropriation.

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