HB 1443-1_ Filed 02/05/2013, 14:53


Text Box

Adopted Rejected


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COMMITTEE REPORT


                                                        YES:

12

                                                        NO:
0

MR. SPEAKER:
    Your Committee on       Education     , to which was referred       House Bill 1443     , has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows:

SOURCE: Page 1, line 5; (13)AM144302.1. -->     Page 1, line 5, delete "shortage"" and insert " shortage area"".
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        (1) graduated from an accredited Indiana high school after June 30, 2013, and either:
            (A) were in the highest twenty percent (20%) of students in their high school graduating classes; or
            (B) received scores in the top twentieth percentile on the

SAT or ACT examination;
        (2) graduated from a four-year post-secondary educational institution with at least a 3.5 grade point average on a 4.0 scale or its equivalent; and
        (3) teach:
            (A) for at three (3) consecutive years in public schools in Indiana; and
            (B) science, technology, engineering, mathematics, or special education classes, or in a critical shortage area;
".
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    Page 2, line 26, delete "For each year for which a teacher qualifies under subsection" and insert " At the end of the third consecutive school year in which a teacher who qualifies under subsection (a) has taught, the commission shall pay directly to the financial institution that holds the qualified teacher's student loans an amount not to exceed the lesser of:
        (1) the total principal and interest of the guaranteed student loans owed by the teacher at the end of the third year; or
        (2) nine thousand dollars ($9,000);
which must be used to reduce the principal and interest on a guaranteed student loan owed by that qualified teacher.
".
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        (1) apply for the loan repayment assistance not later than twenty-four (24) months after graduating from a post-secondary educational institution; and
        (2)
".


    Page 3, line 9, delete "five (5)" and insert " three (3) consecutive".
    Page 3, line 10, delete "that has a critical shortage." and insert " in Indiana in science, technology, engineering, mathematics, or special education, or in a critical shortage area. The teacher is not required to teach at the same public school for three (3) consecutive years.".
    Page 3, line 11, delete "critical shortage" and insert " public".
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    Page 3, line 33, delete "and repayment" and insert " .".
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    Renumber all SECTIONS consecutively.
    (Reference is to HB 1443 as introduced.)

and when so amended that said bill do pass.

__________________________________

Representative Behning


AM144302/DI 116    2013