BILL NUMBER: AB 1703	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Knight

                        FEBRUARY 1, 2010

   An act to amend Section 70123 of the Education Code, relating to
student financial aid.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1703, as introduced, Knight. State Nursing Assumption Program
of Loans for Education: veterans homes.
   Existing law establishes the Student Aid Commission as the primary
state agency for the administration of state-authorized student
financial aid programs available to students attending all segments
of postsecondary education. Existing law establishes a program within
the State Nursing Assumption Program of Loans for Education
(SNAPLE), administered by the commission, under which any person who
is enrolled in an eligible institution, and who agrees to work full
time as a registered nurse in a state-operated 24-hour facility,
including a prison, psychiatric hospital, or veterans home, that
employs registered nurses, is eligible to receive a conditional loan
assumption agreement, to be redeemed upon becoming employed as a
clinical registered nurse in a state-operated 24-hour facility that
employs registered nurses and that has a clinical registered nurse
vacancy rate of greater than 10%. The SNAPLE program provides for a
progressive assumption of the amount of a qualifying loan over 4
consecutive years of qualifying clinical registered nursing service,
up to a total loan assumption of $20,000. Under existing law, this
program becomes inoperative on July 1, 2012, and is repealed on
January 1, 2013.
   This bill would expand the progressive assumption of the amount of
qualifying loans under the SNAPLE program for a participant that
completes qualifying clinical registered nursing service at a
state-operated veterans home. The bill would provide for an
additional loan assumption of up to $5,000 per year of additional
qualifying service, with a maximum loan assumption amount equal to
the participant's total outstanding liability under the qualifying
loans, for participants completing 5 or more years of qualifying
clinical registered nursing service at a state-operated veterans
home.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 70123 of the Education Code is amended to read:

   70123.  The terms of a loan assumption granted under this article
shall be as follows, subject to the specific terms of each agreement:

   (a) After a program participant has completed one year of
full-time employment as described in subdivision (b) of Section
70122, the commission shall assume up to five thousand dollars
($5,000) of the participant's outstanding liability under one or more
of the designated loan programs.
   (b) After a program participant has completed two years of
full-time employment as described in subdivision (b) of Section
70122, the commission shall assume up to an additional five thousand
dollars ($5,000) of the participant's outstanding liability under one
or more of the designated loan programs, for a total loan assumption
of up to ten thousand dollars ($10,000).
   (c) After a program participant has completed three years of
full-time employment as described in subdivision (b) of Section
70122, the commission shall assume up to an additional five thousand
dollars ($5,000) of the participant's outstanding liability under one
or more of the designated loan programs, for a total loan assumption
of up to fifteen thousand dollars ($15,000).
   (d) After a program participant has completed four years of
full-time employment as described in subdivision (b) of Section
70122, the commission shall assume up to an additional five thousand
dollars ($5,000) of the participant's outstanding liability under one
or more of the designated loan programs, for a total loan assumption
of up to twenty thousand dollars ($20,000). 
   (e) For a program participant employed as a clinical registered
nurse in a state-operated veterans home who has completed five or
more years of full-time employment, as described in subdivision (b)
of Section 70122, in a state-operated veterans home, the commission
shall assume up to an additional five thousand dollars ($5,000) of
the participant's outstanding liability under one or more of the
designated loan programs for each additional year of full-time
employment in a state-operated veterans home. The total loan
assumption for a program participant under this subdivision shall be
equal to the participant's total outstanding liability under one or
more of the designated loan programs.