US Congress House Bill 5962 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on May 24 2018 - 25% progression, died in committee
Action: 2018-10-19 - Referred to the Subcommittee on Higher Education and Workforce Development.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

STEM K to Career Act This bill amends the Higher Education Act of 1965 (HEA) to require the Department of Education to forgive student loan obligations of borrowers employed as full-time teachers of science, technology, engineering, or mathematics (STEM) in elementary or secondary schools in which the number of low-income children exceeds a certain percentage. Portions of the student loan debt, including interest, shall be forgiven on the basis of years of service, with 100% forgiven for five years of teacher service. The bill amends the Internal Revenue Code to allow: (1) an increased tax deduction for expenses by elementary and secondary school teachers for STEM education supplies; (2) a tax credit for the employment of STEM interns; and (3) a tax credit for employment of individuals who participated in an apprenticeship program in a STEM field, with the amount determined according to the degree of completion of a program. Beginning with FY2019, an institution of higher education must use at least 7% of federal work-study funds granted under the HEA to compensate students employed in STEM fields.

STEM K to Career Act

Rep. Eric Swalwell [D-CA]	Rep. Jerry McNerney [D-CA]	Rep. Marc Veasey [D-TX]	Rep. Ruben Gallego [D-AZ]
Rep. Dina Titus [D-NV]	Rep. Sheila Jackson-Lee [D-TX]

Date	Chamber	Action
2018-10-19	House	Referred to the Subcommittee on Higher Education and Workforce Development.
2018-05-24	House	Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2018-05-24	House	Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2018-05-24	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/5962/all-info
Text	https://www.congress.gov/115/bills/hr5962/BILLS-115hr5962ih.pdf