House File 215 H-1029 Amend House File 215 as follows: 1 1. By striking page 4, line 12, through page 6, 2 line 1. 3 2. Page 6, before line 2 by inserting: 4 < Sec. ___. Section 261.112, Code 2013, is amended 5 to read as follows: 6 261.112 Teacher shortage loan forgiveness program. 7 1. A teacher shortage loan forgiveness program is 8 established to provide loan forgiveness to eligible 9 teachers. The program shall be administered by the 10 commission. A teacher is eligible for the program if 11 the teacher is practicing in Iowa in a teacher shortage 12 high-demand area as designated by the department of 13 education pursuant to subsection 2 . 14 2. For purposes of this section , “teacher” : 15 a. “Department” means the department of education. 16 b. “High-demand area” includes but is not limited 17 to the fields of science, technology, engineering, 18 mathematics, special education, English as a second 19 language instruction, and other high-demand areas 20 identified by the department. 21 c. “Teacher” means an individual holding a 22 practitioner’s license issued under chapter 272 , 23 who is employed in a nonadministrative position in 24 a designated shortage high-demand area by a school 25 district or area education agency pursuant to a 26 contract issued by a board of directors under section 27 279.13 . 28 2. 3. The director of the department of education 29 shall annually designate the geographic or subject 30 areas experiencing teacher shortages. The director 31 shall periodically conduct a survey of school 32 districts, accredited nonpublic schools, and approved 33 practitioner preparation programs to determine current 34 shortage high-demand areas. Based on the results of 35 the survey and any other criteria established by the 36 department, the director shall annually designate 37 high-demand areas for the purposes of this section and 38 notify the commission of the areas designated. 39 3. 4. Each applicant for loan forgiveness shall, 40 in accordance with the rules of the commission, do the 41 following: 42 a. Complete and file an application for teacher 43 shortage loan forgiveness. The individual shall 44 be responsible for the prompt submission of any 45 information required by the commission. 46 b. File a new application and submit information 47 as required by the commission annually on the basis of 48 which the applicant’s eligibility for the renewed loan 49 forgiveness will be evaluated and determined. 50 -1- HF215.257 (2) 85 je/rj 1/ 3 #1. #2.
c. Complete and return on a form approved by the 1 commission an affidavit of practice verifying that the 2 applicant is a teacher in an eligible teacher shortage 3 a high-demand area. 4 5. The commission shall give priority to eligible 5 applicants who graduated from an Iowa high school. 6 4. 6. The annual amount of teacher an eligible 7 teacher’s shortage loan forgiveness shall not exceed 8 the resident tuition rate established for institutions 9 of higher learning governed by the state board of 10 regents for the first year following the teacher’s 11 graduation from an approved practitioner preparation 12 program, or twenty percent of the teacher’s total 13 federally guaranteed Stafford loan amount under the 14 federal family education loan program or the federal 15 direct loan program, including principal and interest, 16 whichever amount is less. A teacher shall be eligible 17 for the loan forgiveness program for not more than five 18 years. However, practice by an eligible teacher in a 19 teacher shortage area pursuant to subsection 1 must be 20 completed within ten years following graduation from 21 the approved practitioner preparation program. 22 7. Each year, prior to signing agreements with 23 eligible applicants for the program, the commission 24 shall encumber funding necessary to fulfill remaining 25 obligations to teachers previously awarded loan 26 forgiveness under the program. The commission shall 27 establish criteria for awarding loan forgiveness if 28 awards for all new eligible applicants cannot be funded 29 after fulfilling such remaining obligations. 30 8. A teacher receiving loan forgiveness under the 31 program shall notify the commission of the teacher’s 32 employment status within thirty days following 33 termination of the teacher’s employment as a teacher 34 practicing in a high-demand area, unless the teacher 35 is pursuing the procedures provided by sections 279.15 36 through 279.18. 37 5. 9. A teacher shortage loan forgiveness 38 repayment fund is created in the state treasury for 39 deposit of moneys appropriated to or received by the 40 commission for use under the program. Notwithstanding 41 section 8.33 , moneys deposited in the fund shall not 42 revert to any fund of the state at the end of any 43 fiscal year but shall remain in the loan forgiveness 44 repayment fund and be continuously available for loan 45 forgiveness under the program. Notwithstanding section 46 12C.7, subsection 2 , interest or earnings on moneys 47 deposited in the fund shall be credited to the fund. 48 6. 10. The commission shall submit in a report to 49 the general assembly by January 1, annually, the number 50 -2- HF215.257 (2) 85 je/rj 2/ 3
of individuals who received loan forgiveness pursuant 1 to this section , which shortage high-demand areas the 2 teachers taught in, the amount paid to each program 3 participant, and other information identified by the 4 commission as indicators of outcomes from the program. 5 7. 11. The commission shall adopt rules pursuant 6 to chapter 17A to administer this section . > 7 3. Page 6, by striking lines 19 and 20 and 8 inserting < aid commission for deposit in the teacher 9 shortage loan forgiveness repayment fund created by 10 section 261.112, subsection 9. > 11 4. Page 7, by striking lines 10 and 11 and 12 inserting < aid commission for deposit in the teacher 13 shortage loan forgiveness repayment fund created by 14 section 261.112, subsection 9. > 15 5. Page 7, by striking lines 19 through 32. 16 6. By renumbering as necessary. 17 ______________________________ WINCKLER of Scott -3- HF215.257 (2) 85 je/rj 3/ 3 #3. #4. #5. #6.