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ND HB1404
Bill
Status
1/18/2021
Primary Sponsor
Steve Vetter
Click for details
AI Summary
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State board of higher education shall administer a student loan forgiveness program for peace officers employed in North Dakota
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Applicants must be state residents, employed full-time as peace officers for at least 12 months, have completed a qualifying educational program, and hold a student loan with the Bank of North Dakota
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Qualified applicants may receive maximum of $200 per month in loan forgiveness, not exceeding their regular monthly loan payment amount
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Board shall distribute funds directly to the Bank of North Dakota to repay outstanding loan principal balances for eligible applicants
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"Peace officer" defined by reference to section 12-63-01 of the North Dakota Century Code
Legislative Description
A peace officer student loan forgiveness program.
Last Action
Second reading, failed to pass, yeas 18 nays 76
2/9/2021