Florida Senate - 2008 SB 1646
By Senator Aronberg
27-03501-08 20081646__
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A bill to be entitled
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An act relating to student loans; creating s. 43.45, F.S.;
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providing for a financial assistance program administered
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by the Justice Administrative Commission and the Office of
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the Attorney General to assist a career assistant state
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attorney, assistant public defender, assistant attorney
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general, or assistant statewide prosecutor in the
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repayment of eligible student loans; providing
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definitions; providing elements of the program; requiring
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the administering body to make a payment of a certain
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amount; providing for funding; requiring the Justice
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Administrative Commission to develop procedures; requiring
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the Office of the Attorney General to adopt rules;
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providing an effective date.
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Be It Enacted by the Legislature of the State of Florida:
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Section 1. Section 43.45, Florida Statutes, is created to
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read:
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43.45 Student loan assistance program; administration.--
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(1) The administering body shall implement a student loan
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assistance program for eligible career attorneys. The purpose of
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the program is to provide financial assistance to eligible career
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attorneys for the repayment of eligible student loans.
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(2) As used in this section, the term:
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(a) "Administering body" means the Justice Administrative
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Commission when the eligible career attorney is employed as an
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assistant state attorney or assistant public defender or the
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Office of the Attorney General when the eligible career attorney
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is employed as an assistant attorney general or assistant
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statewide prosecutor.
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(b) "Eligible attorney" means an assistant state attorney,
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assistant public defender, assistant attorney general, or
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assistant statewide prosecutor.
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(c) "Eligible career attorney" means an eligible attorney
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who has completed at least 3 years but not more than 12 years of
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continuous service on his or her employment anniversary date.
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However, eligibility for student loan repayment assistance may
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not be lost due to a break in employment of less than 2 weeks
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while an eligible attorney transfers to another employer of
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eligible attorneys.
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(d) "Eligible student loan" means a loan that was issued
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pursuant to the Higher Education Act of 1965, as amended, to an
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eligible career attorney to fund his or her law school education
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and which is not in default.
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(e) "Maximum available amount" means, in the event that the
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amount of an appropriation from the General Revenue Fund to an
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administering body is less than the amount necessary to fund
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total payments by the administering body, the amount that results
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from multiplying the percentage of total funding appropriated by
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the payment amount of $3,000 or $5,000 as provided in paragraph
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(3)(b). The percentage of total funding appropriated is the
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amount that results from dividing the amount of the appropriation
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by the amount necessary to fund total payments under paragraph
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(3)(b).
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(3) The student loan assistance program shall be
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administered in the following manner:
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(a) Within 30 days after the employment anniversary date of
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an individual, the individual may submit to his or her employer a
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certification affidavit on a form authorized by the administering
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body, which certifies that he or she, as of his or her last
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employment anniversary date, is an eligible career attorney with
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one or more eligible student loans. Upon approval by the
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employing state attorney, public defender, Attorney General, or
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statewide prosecutor, the certification affidavit shall be
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submitted to the administering body within 60 days following the
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last employment anniversary date of the eligible career attorney.
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(b) The administering body that receives a certification
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affidavit for an eligible career attorney having:
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1. Three to five years of continuous service shall make a
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payment in the amount of $3,000 or in the maximum available
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amount, whichever is less.
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2. Six to twelve years of continuous service shall make a
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payment in the amount of $5,000 or in the maximum available
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amount, whichever is less.
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(c) A payment under paragraph (b) shall be made by the
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administering body:
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1. For the benefit of the eligible career attorney named in
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the certification affidavit and for the purpose of satisfying his
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or her eligible student loan obligation.
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2. To the lender that services the eligible student loan
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between July 1 and July 31 of the next fiscal year following
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receipt of the certification affidavit by the administering body.
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3. For the eligible student loan that has the highest
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current interest rate if the eligible career attorney holds more
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than one eligible student loan.
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(d) Payments under paragraph (b) shall cease upon totaling
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$44,000 per eligible career attorney or upon full satisfaction of
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the eligible student loan, whichever occurs first.
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(4) The student loan assistance program may be funded
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annually contingent upon a specific appropriation in the General
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Appropriations Act for student loan repayment assistance to
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eligible assistant state attorneys, assistant public defenders,
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assistant attorneys general, and assistant statewide prosecutors.
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(5) The Justice Administrative Commission shall develop
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procedures to administer this section. The Office of the Attorney
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to administer this section.
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Section 2. This act shall take effect July 1, 2008.
CODING: Words stricken are deletions; words underlined are additions.