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AR SB484

Bill

Official Source

Status

Failed

5/1/2017

Primary Sponsor

Alan Clark

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Appropriates $5,000,000 to the Department of Higher Education from the Higher Education Grants Fund Account for the Teacher Candidate Loan Forgiveness Program for fiscal year 2017-2018
  • Provides student assistance loans to Arkansas residents majoring in high-needs subject areas who teach in critical teacher shortage areas for five years
  • Funds must be disbursed in compliance with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws
  • Effective date is July 1, 2017, with an emergency clause declared due to constitutional restrictions on multi-year appropriations

Legislative Description

An Act For The Department Of Higher Education Teacher Candidate Loan Forgiveness Program Appropriation For The 2017-2018 Fiscal Year.

Last Action

Sine Die adjournment

5/1/2017

Committee Referrals

Budget2/27/2017

Full Bill Text

No bill text available