Bill Text: CA AB2850 | 2015-2016 | Regular Session | Amended
Bill Title: Postsecondary education: Assumption Program of Loans for
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2016-11-30 - From committee without further action. [AB2850 Detail]
Download: California-2015-AB2850-Amended.html
BILL NUMBER: AB 2850 AMENDED BILL TEXT AMENDED IN ASSEMBLY MARCH 17, 2016 INTRODUCED BY Assembly Member O'Donnell FEBRUARY 19, 2016 An act to amend Section 69612.5 of the Education Code, relating to higher education. LEGISLATIVE COUNSEL'S DIGEST AB 2850, as amended, O'Donnell. Postsecondaryeducation.education: Assumption Program of Loans for Education. Existing law establishes the Assumption Program of Loans for Education, administered by the Student Aid Commission, under which any person enrolled in a participating institution of postsecondary education, or any person who agrees to participate in a teacher trainee or teacher internship program, is eligible to enter into an agreement for loan assumption, to be redeemed pursuant to a prescribed procedure upon becoming employed as a teacher at an eligible school if he or she satisfies certain conditions. Existing law defines an "eligible school" for these purposes as a school that has one of 4 characteristics. This bill would add to that list of characteristics a school that meets criteria as determined by the Commission on Teacher Credentialing, thereby making such schools eligible.Existing law establishes the University of California, under the administration of the Regents of the University of California, the California State University, under the administration of the Trustees of the California State University, and the California Community Colleges, under the administration of the Board of Governors of the California Community Colleges, as the 3 segments of public postsecondary education in this state.This bill would express the intent of the Legislature to enact legislation relating to higher education.Vote: majority. Appropriation: no. Fiscal committee:noyes . State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 69612.5 of the Education Code is amended to read: 69612.5. For purposes of this article, the following terms have the following definitions: (a) "Eligible institution" means a postsecondary institution that is determined by the Student Aid Commission to meet both of the following requirements: (1) The institution is eligible to participate in state and federal financial aid programs. (2) The institution maintains a program of professional preparation that has been approved by the Commission on Teacher Credentialing. (b) "Eligible school" means a school that meets any of the following criteria: (1) It serves a large population of pupils from low-income families, as designated by the Superintendent of Public Instruction. (2) The institution has 20 percent or more teachers holding emergency-type permits including, but not limited to, any of the following: (A) Provisional internships. (B) Short-term staff permits. (C) Credential waivers. (D) Substitute permits. (3) It is a school that is ranked in the lowest two deciles on the Academic Performance Index. (4) It is a school that serves a rural area. (5) It is a school that meets criteria as determined by the Commission on Teacher Credentialing.SECTION 1.It is the intent of the Legislature to enact legislation relating to higher education.