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CT HB05025
Bill
Status
2/4/2010
Primary Sponsor
John McKinney
Click for details
AI Summary
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Establishes a Connecticut loan forgiveness program administered by the Department of Higher Education for graduates in green technology, life science, and health information technology fields, effective July 1, 2010.
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Provides bachelor's degree recipients who have worked in-state in qualifying fields for at least two years with up to $2,500 per year or 5% of loan balance annually (whichever is less) for up to four years.
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Provides associate degree recipients who have worked in-state in qualifying fields for at least two years with up to $2,500 per year or 5% of loan balance annually (whichever is less) for up to two years.
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Caps total loan reimbursements at $10,000 per recipient across all state and federal loan forgiveness programs combined.
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Authorizes the Board of Governors of Higher Education to adopt regulations to implement the program.
Legislative Description
An Act Concerning A Green Technology, Life Science And Health Information Technology Jobs Loan Forgiveness Program.
Last Action
Referred by House to Committee on Appropriations
4/5/2010