Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. SB 362
                        Barcode 401824
                            CHAMBER ACTION
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       12/05/2005 03:19 PM         .                    
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11  The Committee on Judiciary (Campbell) recommended the
12  following amendment:
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14         Senate Amendment (with title amendment) 
15         Delete everything after the enacting clause
16  
17  and insert:  
18         Section 1.  Section 43.45, Florida Statutes, is created
19  to read:
20         43.45  Student loan assistance program;
21  administration.--
22         (1)  The administering body shall implement a student
23  loan assistance program for eligible career attorneys. The
24  purpose of the program is to provide financial assistance to
25  eligible career attorneys for the repayment of eligible
26  student loans.
27         (2)  As used in this section, the term:
28         (a)  "Administering body" means the Justice
29  Administrative Commission when the eligible career attorney is
30  employed as an assistant state attorney or assistant public
31  defender or the Office of the Attorney General when the
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    9:30 AM   11/30/05                             s0362d-ju32-ta1

Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 362 Barcode 401824 1 eligible career attorney is employed as an assistant attorney 2 general or assistant statewide prosecutor. 3 (b) "Eligible career attorney" means an assistant 4 state attorney, assistant public defender, assistant attorney 5 general, or assistant statewide prosecutor who has been 6 employed in that capacity for 3 to 12 years of continuous 7 service on his or her employment anniversary date. 8 (c) "Eligible student loan" means a loan that was 9 issued pursuant to the Higher Education Act of 1965, as 10 amended, to an eligible career attorney to fund his or her law 11 school education and that is not in default. 12 (d) "Maximum available amount" means, in the event an 13 appropriation is less than the amount necessary to fund total 14 payments by the administering body under paragraph (3)(b), the 15 amount that results from multiplication of the percentage of 16 total funding appropriated by the payment amount of $3,000 or 17 $5,000, as appropriate under paragraph (3)(b). The percentage 18 of total funding appropriated is the amount that results from 19 division of the amount of the appropriation by the amount 20 necessary to fund total payments under paragraph (3)(b). 21 (3) The student loan assistance program shall be 22 administered in the following manner: 23 (a) Within 30 days after an individual's employment 24 anniversary date, the individual may submit to his or her 25 employer a certification affidavit on a form authorized by the 26 administering body, which certifies that he or she, as of his 27 or her last employment anniversary date, is an eligible career 28 attorney with one or more eligible student loans. Upon 29 approval by the employing state attorney, public defender, 30 Attorney General, or statewide prosecutor, the certification 31 affidavit shall be submitted to the administering body within 2 9:30 AM 11/30/05 s0362d-ju32-ta1
Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 362 Barcode 401824 1 60 days following the eligible career attorney's last 2 employment anniversary date. 3 (b) The administering body that receives a 4 certification affidavit for an eligible career attorney with: 5 1. Three to five years of continuous service shall 6 make a payment in the amount of $3,000 or in the maximum 7 available amount, whichever is less. 8 2. Six to twelve years of continuous service shall 9 make a payment in the amount of $5,000 or in the maximum 10 available amount, whichever is less. 11 (c) A payment under paragraph (b) shall be made by the 12 administering body: 13 1. For the benefit of the eligible career attorney 14 named in the certification affidavit and for the purpose of 15 satisfying his or her eligible student loan obligation. 16 2. To the lender that services the eligible student 17 loan between July 1 and July 31 of the next fiscal year 18 following receipt of the certification affidavit by the 19 administering body. 20 3. For the eligible student loan with the highest 21 current interest rate if the eligible career attorney has more 22 than one eligible student loan. 23 (d) Payments under paragraph (b) shall cease upon 24 totaling $44,000 per eligible career attorney or upon full 25 satisfaction of the eligible student loan, whichever occurs 26 first. 27 (4) The student loan assistance program shall be 28 funded annually by an appropriation from the General Revenue 29 Fund to the administering body. 30 (5) The administering body shall adopt rules to 31 implement this section. 3 9:30 AM 11/30/05 s0362d-ju32-ta1
Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. SB 362 Barcode 401824 1 Section 2. This act shall take effect July 1, 2006. 2 3 4 ================ T I T L E A M E N D M E N T =============== 5 And the title is amended as follows: 6 Delete everything before the enacting clause 7 8 and insert: 9 A bill to be entitled 10 An act relating to student loans; creating s. 11 43.45, F.S.; providing for a financial 12 assistance program administered by the Justice 13 Administrative Commission and the Office of the 14 Attorney General to provide assistance to 15 career assistant state attorneys, assistant 16 public defenders, assistant attorneys general, 17 and assistant statewide prosecutors for the 18 repayment of eligible student loans; defining 19 terms; providing elements of the program; 20 providing loan assistance payment amounts; 21 providing for funding; requiring rulemaking; 22 providing an effective date. 23 24 25 26 27 28 29 30 31 4 9:30 AM 11/30/05 s0362d-ju32-ta1