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MS HB751
Bill
Status
6/29/2020
Primary Sponsor
John Lamar
Click for details
AI Summary
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Removes the requirement that the State Department of Education administer the Mississippi Employer-Assisted Housing Teacher Program in conjunction with the Federal National Mortgage Association (Fannie Mae)
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Allows the State Department of Education to contract with one or more public or private entities to implement and administer the program
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Maintains the program's core features: maximum loan of $6,000 for licensed teachers in critical shortage areas, convertible to interest-free grants based on three years of service
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Extends the repealer date on this section (previously July 1, 2021, new date not specified in visible text)
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Effective July 1, 2020
Legislative Description
Mississippi Employer-Assisted Housing Teacher Program; remove requirement that the Department of Education administer with the FNMA.
Last Action
Approved by Governor
6/29/2020