Senate Bill sb0196c1

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2007                            CS for SB 196

    By the Committee on Governmental Operations; and Senators
    Aronberg, Joyner, Fasano and Ring




    585-2426-07

  1                      A bill to be entitled

  2         An act relating to student loans; creating s.

  3         43.45, F.S.; providing for a financial

  4         assistance program administered by the Justice

  5         Administrative Commission and the Office of the

  6         Attorney General to assist a career assistant

  7         state attorney, assistant public defender,

  8         assistant attorney general, or assistant

  9         statewide prosecutor in the repayment of

10         eligible student loans; providing definitions;

11         providing elements of the program; requiring

12         the administering body to make a payment of a

13         certain amount; providing for funding;

14         requiring the Justice Administrative Commission

15         to develop procedures; requiring the Office of

16         the Attorney General to adopt rules; providing

17         an effective date.

18  

19  Be It Enacted by the Legislature of the State of Florida:

20  

21         Section 1.  Section 43.45, Florida Statutes, is created

22  to read:

23         43.45  Student loan assistance program;

24  administration.--

25         (1)  The administering body shall implement a student

26  loan assistance program for eligible career attorneys. The

27  purpose of the program is to provide financial assistance to

28  eligible career attorneys for the repayment of eligible

29  student loans.

30         (2)  As used in this section, the term:

31  

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    Florida Senate - 2007                            CS for SB 196
    585-2426-07




 1         (a)  "Administering body" means the Justice

 2  Administrative Commission when the eligible career attorney is

 3  employed as an assistant state attorney or assistant public

 4  defender or the Office of the Attorney General when the

 5  eligible career attorney is employed as an assistant attorney

 6  general or assistant statewide prosecutor.

 7         (b)  "Eligible attorney" means an assistant state

 8  attorney, assistant public defender, assistant attorney

 9  general, or assistant statewide prosecutor.

10         (c)  "Eligible career attorney" means an eligible

11  attorney who has completed at least 3 years but not more than

12  12 years of continuous service on his or her employment

13  anniversary date. However, eligibility for student loan

14  repayment assistance may not be lost due to a break in

15  employment of less than 2 weeks while an eligible attorney

16  transfers to another employer of eligible attorneys.

17         (d)  "Eligible student loan" means a loan that was

18  issued pursuant to the Higher Education Act of 1965, as

19  amended, to an eligible career attorney to fund his or her law

20  school education and which is not in default.

21         (e)  "Maximum available amount" means, in the event

22  that the amount of an appropriation from the General Revenue

23  Fund to an administering body is less than the amount

24  necessary to fund total payments by the administering body,

25  the amount that results from multiplying the percentage of

26  total funding appropriated by the payment amount of $3,000 or

27  $5,000 as provided in paragraph (3)(b). The percentage of

28  total funding appropriated is the amount that results from

29  dividing the amount of the appropriation by the amount

30  necessary to fund total payments under paragraph (3)(b).

31  

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    Florida Senate - 2007                            CS for SB 196
    585-2426-07




 1         (3)  The student loan assistance program shall be

 2  administered in the following manner:

 3         (a)  Within 30 days after the employment anniversary

 4  date of an individual, the individual may submit to his or her

 5  employer a certification affidavit on a form authorized by the

 6  administering body, which certifies that he or she, as of his

 7  or her last employment anniversary date, is an eligible career

 8  attorney with one or more eligible student loans. Upon

 9  approval by the employing state attorney, public defender,

10  Attorney General, or statewide prosecutor, the certification

11  affidavit shall be submitted to the administering body within

12  60 days following the last employment anniversary date of the

13  eligible career attorney.

14         (b)  The administering body that receives a

15  certification affidavit for an eligible career attorney

16  having:

17         1.  Three to five years of continuous service shall

18  make a payment in the amount of $3,000 or in the maximum

19  available amount, whichever is less.

20         2.  Six to twelve years of continuous service shall

21  make a payment in the amount of $5,000 or in the maximum

22  available amount, whichever is less.

23         (c)  A payment under paragraph (b) shall be made by the

24  administering body:

25         1.  For the benefit of the eligible career attorney

26  named in the certification affidavit and for the purpose of

27  satisfying his or her eligible student loan obligation.

28         2.  To the lender that services the eligible student

29  loan between July 1 and July 31 of the next fiscal year

30  following receipt of the certification affidavit by the

31  administering body.

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    Florida Senate - 2007                            CS for SB 196
    585-2426-07




 1         3.  For the eligible student loan that has the highest

 2  current interest rate if the eligible career attorney holds

 3  more than one eligible student loan.

 4         (d)  Payments under paragraph (b) shall cease upon

 5  totaling $44,000 per eligible career attorney or upon full

 6  satisfaction of the eligible student loan, whichever occurs

 7  first.

 8         (4)  The student loan assistance program may be funded

 9  annually contingent upon a specific appropriation in the

10  General Appropriations Act for student loan repayment

11  assistance to eligible assistant state attorneys, assistant

12  public defenders, assistant attorney generals, and assistant

13  statewide prosecutors.

14         (5)  The Justice Administrative Commission shall

15  develop procedures to administer this section. The Office of

16  the Attorney General shall adopt rules pursuant to ss.

17  120.536(1) and 120.54 to administer this section.

18         Section 2.  This act shall take effect July 1, 2007.

19  

20          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
21                         Senate Bill 196

22                                 

23  Provides that the Justice Administrative Commission will
    develop procedures, not rules, to administer the program.
24  
    Provides that the student loan assistance program may be
25  funded annually contingent upon a specific appropriation in
    the General Appropriations Act.
26  

27  

28  

29  

30  

31  

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