What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Referred to higher education
- Referred to higher education
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Establishes a teacher shortage loan forgiveness program
In Assembly Committee · Higher Education · Sponsor Andrew Raia
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4695
Title of bill
An act to amend the education law, in relation to creating the regents teacher shortage loan forgiveness program
Summary of provisions
Section 1 requires the Regents, as a part of their Higher Education Plan, to determine areas of critical teacher shortage in New York State. Section 2 stipulates the number, eligibility criteria, duration, and amount of Regents Teacher Shortage Loan Forgiveness awards to be provided.
Justification
Currently, New York State public schools suffer from teacher shortages in the core and common branch areas of science, math, foreign language and occupational education. Therefore, it is in the state's best interest to create incentives for qualified candidates to enter teaching in these shortage areas. The traditional approach of providing scholarships as incentives has not proven successful in other areas (such as the Regents Physician Shortage Program) since after the candidate receives the scholarship and graduates, his commitment to the undeserved area wanes. Typically, the scholarship recipient will either leave the state without fulfilling his public service commitment or repay the scholarship. Either way the program's objectives are not met. The proposed loan forgiveness program resolves these problems by giving the award at the same time the public service is being provided by the recipient. Furthermore, by paying out the award (with a maximum value of $10,000) over the loan repayment period, the cost of the program is phased in over a ten year period.
Fiscal implications
To be determined.
Prior legislative history
1995-96: Assembly Higher Education Cmte. 1997-98: Assembly Higher Education Cmte. 1999-00: Assembly Higher Education Cmte. 2001-02: Assembly Higher Education Cmte. 2003-04: Senate Higher Education Cmte./Assembly Higher Education Cmte. 2005-06: Senate Higher Education Cmte./ Assembly Higher Education Cmte. 2007-08: Senate Higher Education Cmte./Assembly Higher Education Cmte. 2009-10: S.4175/A.3931 Senate/Assembly Higher Education Cmte.
Effective date
This act shall take effect on the first of April next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.