1 | The Criminal Justice Committee recommends the following: |
2 |
|
3 | Council/Committee Substitute |
4 | Remove the entire bill and insert: |
5 | A bill to be entitled |
6 | An act relating to student loans; creating s. 43.45, F.S.; |
7 | providing for a financial assistance program administered |
8 | by the Justice Administrative Commission and the Office of |
9 | the Attorney General to provide assistance to career |
10 | assistant state attorneys, assistant public defenders, |
11 | assistant attorneys general, and assistant statewide |
12 | prosecutors for the repayment of eligible student loans; |
13 | defining terms; providing elements of the program; |
14 | providing loan assistance payment amounts; providing for |
15 | funding; requiring rulemaking; providing an effective |
16 | date. |
17 |
|
18 | Be It Enacted by the Legislature of the State of Florida: |
19 |
|
20 | Section 1. Section 43.45, Florida Statutes, is created to |
21 | read: |
22 | 43.45 Student loan assistance program; administration.-- |
23 | (1) The administering body shall implement a student loan |
24 | assistance program for eligible career attorneys. The purpose of |
25 | the program is to provide financial assistance to eligible |
26 | career attorneys for the repayment of eligible student loans. |
27 | (2) As used in this section, the term: |
28 | (a) "Administering body" means the Justice Administrative |
29 | Commission when the eligible career attorney is employed as an |
30 | assistant state attorney or assistant public defender or the |
31 | Office of the Attorney General when the eligible career attorney |
32 | is employed as an assistant attorney general or assistant |
33 | statewide prosecutor. |
34 | (b) "Eligible career attorney" means an assistant state |
35 | attorney, assistant public defender, assistant attorney general, |
36 | or assistant statewide prosecutor who has been employed in that |
37 | capacity for 3 to 12 years of continuous service on his or her |
38 | employment anniversary date. |
39 | (c) "Eligible student loan" means a loan that was issued |
40 | pursuant to the Higher Education Act of 1965, as amended, to an |
41 | eligible career attorney to fund his or her law school education |
42 | and that is not in default. |
43 | (d) "Maximum available amount" means, in the event an |
44 | appropriation is less than the amount necessary to fund total |
45 | payments by the administering body under paragraph (3)(b), the |
46 | amount that results from multiplication of the percentage of |
47 | total funding appropriated by the payment amount of $3,000 or |
48 | $5,000, as appropriate under paragraph (3)(b). The percentage of |
49 | total funding appropriated is the amount that results from |
50 | division of the amount of the appropriation by the amount |
51 | necessary to fund total payments under paragraph (3)(b). |
52 | (3) The student loan assistance program shall be |
53 | administered in the following manner: |
54 | (a) Within 30 days after an individual's employment |
55 | anniversary date, the individual may submit to his or her |
56 | employer a certification affidavit on a form authorized by the |
57 | administering body, which certifies that he or she, as of his or |
58 | her last employment anniversary date, is an eligible career |
59 | attorney with one or more eligible student loans. Upon approval |
60 | by the employing state attorney, public defender, Attorney |
61 | General, or statewide prosecutor, the certification affidavit |
62 | shall be submitted to the administering body within 60 days |
63 | following the eligible career attorney's last employment |
64 | anniversary date. |
65 | (b) The administering body that receives a certification |
66 | affidavit for an eligible career attorney with: |
67 | 1. Three to five years of continuous service shall make a |
68 | payment in the amount of $3,000 or in the maximum available |
69 | amount, whichever is less. |
70 | 2. Six to twelve years of continuous service shall make a |
71 | payment in the amount of $5,000 or in the maximum available |
72 | amount, whichever is less. |
73 | (c) A payment under paragraph (b) shall be made by the |
74 | administering body: |
75 | 1. For the benefit of the eligible career attorney named |
76 | in the certification affidavit and for the purpose of satisfying |
77 | his or her eligible student loan obligation. |
78 | 2. To the lender that services the eligible student loan |
79 | between July 1 and July 31 of the next fiscal year following |
80 | receipt of the certification affidavit by the administering |
81 | body. |
82 | 3. For the eligible student loan with the highest current |
83 | interest rate if the eligible career attorney has more than one |
84 | eligible student loan. |
85 | (d) Payments under paragraph (b) shall cease upon totaling |
86 | $44,000 per eligible career attorney or upon full satisfaction |
87 | of the eligible student loan, whichever occurs first. |
88 | (4) The student loan assistance program shall be funded |
89 | annually by an appropriation from the General Revenue Fund to |
90 | the administering body. |
91 | (5) The administering body shall adopt rules to implement |
92 | this section. |
93 | Section 2. This act shall take effect July 1, 2006. |