2001 REGULAR SESSION (71st) A AB613 1013
ASSEMBLY ACTION Initial and Date |SENATE ACTION Initial and Date
Adopted Lost | Adopted Lost
Concurred In Not |Concurred In Not
Receded Not | Receded Not
Amend the bill as a whole by renumbering sections 1 through 3 as sections 12 through 14 and adding new sections designated sections 1 through 11, following the enacting clause, to read as follows:
Sec. 2. 1. The board of regents may administer, directly or through a designated officer or employee of the system, a program to provide loans for registration fees, laboratory fees and expenses, textbooks and course materials, and living expenses to students who are enrolled in programs of the system that provide courses of study and training for the education of teachers.
2. Each student to whom such a loan is made must:
(a) Have been a bona fide resident of this state for at least 6 months before his matriculation in the system;
(b) At the time the loan is made, be enrolled in a program of the system to become a licensed teacher;
(c) Fulfill all requirements for classification as a full-time student showing progression towards completion of the program; and
(d) Maintain at least a 2.0 grade-point average in each class and at least a 2.75 overall grade-point average, on a 4.0 grading scale.
3. Each such loan must be made upon the following terms:
(a) All loans must bear interest at 8 percent per annum beginning on the date when the student receives the loan.
(b) Each student who receives a loan shall repay the loan with interest after the termination of his education for which the loan is made unless the amount owed is waived pursuant to section 4 of this act. The loan must be repaid in monthly installments over the period allowed with the first installment due 1 year after the date of the termination of his education for which the loan is made. The amounts of the installments must not be less than $50 and may be calculated to allow a smaller payment at the beginning of the period for repayment, with each succeeding payment gradually increasing so that the total amount due will be paid within the period of repayment. The maximum period for repayment of the loans must be:
(1) Five years for loans that total less than $10,000.
(2) Eight years for loans that total $10,000 or more, but less than $20,000.
(3) Ten years for loans that total $20,000 or more.
4. A delinquency charge may be assessed on an installment that is delinquent 10 days or more in the amount of 8 percent of the installment or $4, whichever is greater, but not more than $15.
5. If a person is delinquent in repayment, the reasonable costs of collection and an attorney’s fee may be recovered from the person.
6. As used in this section, “bona fide resident” has the meaning ascribed to it in NRS 396.540.
(a) A community college, $1,700.
(b) A university, $2,005.
2. Money loaned pursuant to sections 2 to 9, inclusive, of this act must be allocated among the campuses of the system in amounts that will allow the same percentage of eligible students from each campus who are enrolled in programs that provide courses of study and training for the education of teachers to receive loans.
2. If a recipient of a loan desires to have the total amount of his loan waived pursuant to this section, the recipient shall file a statement of intent with the board of regents indicating that the recipient intends to:
(a) Obtain a license to teach issued pursuant to chapter 391 of NRS; and
(b) Teach full time for at least:
(1) Three consecutive school years in any public school where a majority of the pupils enrolled in the school are pupils at risk; or
(2) Five consecutive school years in any other public school in this state.
FLUSH
The recipient shall submit verification
at least once every 6 months to the board of regents in a format prescribed by
the board of regents indicating that the recipient has maintained his status as
a full-time licensed teacher in a public school in this state.
3. Upon receipt of such a statement of intent, the board of regents shall defer the payment of the loan until the recipient of the loan has:
(a) Taught full time as a licensed teacher for:
(1) Three consecutive school years in any public school where a majority of the pupils enrolled in the school are pupils at risk, regardless of whether he teaches at the same school for all 3 years; or
(2) Five consecutive school years in any other public school in this state, regardless of whether he teaches at the same school for all 5 years; or
(b) Left his employment, voluntarily or otherwise, as a full-time licensed teacher in a public school in this state.
4. If a recipient of a loan who filed a statement of intent pursuant to subsection 2 satisfies the requirements of paragraph (a) of subsection 3, the recipient may apply to the board of regents to request a waiver of the loan and interest that must be repaid. The board of regents shall waive the total amount owed by the recipient upon receipt of credible evidence that the recipient has satisfied the requirements of paragraph (a) of subsection 3.
5. If a recipient of a loan who filed a statement of intent pursuant to subsection 2 leaves his employment, voluntarily or otherwise, as a full-time licensed teacher in a public school in this state, he shall repay the loan and accrued interest in full pursuant to the terms of the loan.
6. The board of regents may adopt:
(a) Regulations that extend the time for completing the qualified teaching service beyond 3 or 5 years, as applicable, for persons who are granted extensions because of hardship; and
(b) Such other regulations as are necessary to carry out the provisions of sections 2 to 9, inclusive, of this act.
7. The board of regents shall, in cooperation with the boards of trustees of school districts in this state:
(a) Identify, on an annual basis, the public schools within this state where a majority of the pupils enrolled are pupils at risk.
(b) Recruit pupils who are enrolled in high schools in this state into the program to provide loans to students pursuant to sections 2 to 9, inclusive, of this act.
8. As used in this section, “pupil at risk” has the meaning ascribed to it in NRS 386.500.
Sec. 5. The board of regents or its designee may require:
1. A student to acquire, as security for a student loan, insurance on his life and on his health or against his disability, or both.
2. That a financially responsible person agree to be jointly liable with the recipient of the loan for the repayment of the loan.
1. An installment is not paid within 30 days after it is due;
2. The recipient fails to notify the board of regents or its designee, within 30 days, of:
(a) A change of name or of the address of his home or place of employment; or
(b) The termination of the education for which he received the loan; or
3. The recipient fails to comply with a requirement or perform an obligation he is required to perform pursuant to an agreement with the board of regents or its designee.
1. For each infraction, impose a civil penalty of not more than $200 against the recipient in 1 academic year, and may deny additional money to the recipient if he fails to pay the civil penalty when due;
2. Increase the portion of a future loan to be repaid by the recipient; and
3. Extend the time by which the recipient is required to teach in this state in lieu of repaying his loan.
2. Applications for extensions must be filed within the time prescribed by regulation of the board of regents.
Sec. 9. 1. The board of regents shall:
(a) Receive, invest, disburse and separately account for all money received for the program.
(b) Use all the money that is accounted for separately pursuant to paragraph (a) only to provide loans to students and waivers of those loans pursuant to the program set forth in sections 2 to 9, inclusive, of this act.
(c) Report to the governor and the interim finance committee on or before October 1 of each year immediately preceding a regular session of the legislature, setting forth in detail the transactions conducted by the board of regents relating to the program during the biennium ending June 30 of that year.
(d) Make such recommendations for legislation that the board of regents considers appropriate for the program.
2. All money received in payment of loans or civil penalties must be deposited in the account required by subsection 1.
3. The money in the account required by subsection 1 and all interest and income earned on that money must remain in the account and does not revert to the state general fund at the end of any fiscal year.
Sec. 10. 1. The superintendent of public instruction shall transfer from the fund for school improvement to the University and Community College System of Nevada to provide loans and waivers of those loans pursuant to the program set forth in sections 2 to 9, inclusive, of this act, the sum of $250,000.
2. The board of regents shall:
(a) Use the money transferred pursuant to subsection 1 only to provide loans to students and waivers of those loans pursuant to the program set forth in sections 2 to 9, inclusive, of this act.
(b) Account for the money separately and credit that account with any interest and income earned on the money.
(c) Use all the money in the account, including, without limitation, all interest and income earned, only to provide loans to students and waivers of those loans pursuant to the program set forth in sections 2 to 9, inclusive, of this act.
Sec. 11. 1. There is hereby appropriated from the state general fund to the department of education for reimbursement of costs incurred by teachers to obtain endorsements in certain fields of specialization:
For the fiscal year 2001-2002............................................................................................. $50,000
For the fiscal year 2002-2003............................................................................................. $50,000
2. The department of education shall:
(a) In consultation with the boards of trustees of school districts throughout this state, identify fields of specialization where a shortage of teachers exist; and
(b) Maintain a list available for public inspection that contains the fields of specialization identified pursuant to paragraph (a).
3. A teacher who holds a current license to teach issued pursuant to chapter 391 of NRS may submit an application on a form provided by the department of education for reimbursement of the costs incurred by the teacher after July 1, 2001, in obtaining an endorsement in a field of specialization identified pursuant to subsection 2. The reimbursement must not exceed an amount equal to the actual verified costs incurred by a teacher in obtaining an endorsement or $2,000, whichever is less.
4. The sums appropriated by subsection 1 are available for either fiscal year. Any balance of those sums must not be committed for expenditure after June 30, 2003, and reverts to the state general fund as soon as all payments of money committed have been made.”.
Amend sec. 2, page 2, line 9, by deleting “$230,680” and inserting “$180,000”.
Amend sec. 2, page 2, line 10, by deleting “$230,680” and inserting “$205,000”.
Amend sec. 3, page 2, by deleting lines 25 through 27 and inserting:
“Sec. 14. This act becomes effective on July 1, 2001.”.
Amend the title of the bill to read as follows:
“AN ACT relating to education; authorizing the board of regents of the University of Nevada to administer a program of loans for students who are enrolled in teaching programs; providing for the waiver of those loans by the board of regents under certain circumstances; requiring certain transfers of money from the fund for school improvement; making an appropriation to reimburse certain costs incurred by licensed teachers in obtaining endorsements in certain fields of specialization; and providing other matters properly relating thereto.”.
Amend the summary of the bill to read as follows:
“SUMMARY—Makes various changes relating to educational personnel. (BDR 34‑434)”.