Student loans: California Legislative Staff Education Loan Repayment Program.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Higher Education
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates the California Legislative Staff Education Loan Repayment Program, administered by the Student Aid Commission. It aims to encourage individuals to work as full-time legislative staff by providing up to $50,000 in student loan repayment over 20 years. Eligible employees must have served for at least 12 months and provide proof of employment and an employer’s attestation of good standing. The program is funded through donations and requires an annual report to the Legislature.
Key provisions
- Establishes the California Legislative Staff Education Loan Repayment Program.
- Provides up to $50,000 in student loan repayment to eligible legislative staff.
- Requires a minimum of 12 months of continuous employment.
- Requires proof of full-time employment and an employer’s attestation.
- Creates the California Legislative Staff Education Loan Repayment Fund.
- Allows for donations to the fund.
- Mandates an annual report to the Legislature on program activities.
- Requires the commission to monitor the program for fraud.
Who is affected
- California Legislative Staff
- Students with student loan debt
- California State Assembly Members
- California State Senate Members
- The Student Aid Commission
Notable changes
- Creates a new state-funded loan repayment program specifically for legislative staff.
Bill text
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Sponsors
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1 on record
Primary sponsor
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