1 | A bill to be entitled |
2 | An act relating to student loans; creating s. 43.45, F.S.; |
3 | providing for a financial assistance program administered |
4 | by the Justice Administrative Commission and the Office of |
5 | the Attorney General to assist a career assistant state |
6 | attorney, assistant public defender, assistant attorney |
7 | general, or assistant statewide prosecutor in the |
8 | repayment of eligible student loans; providing |
9 | definitions; providing elements of the program; requiring |
10 | the administering body to make a payment of a certain |
11 | amount; providing for funding; requiring the Justice |
12 | Administrative Commission to develop procedures; requiring |
13 | the Office of the Attorney General to adopt rules; |
14 | providing an effective date. |
15 |
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16 | Be It Enacted by the Legislature of the State of Florida: |
17 |
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18 | Section 1. Section 43.45, Florida Statutes, is created to |
19 | read: |
20 | 43.45 Student loan assistance program; administration.-- |
21 | (1) The administering body shall implement a student loan |
22 | assistance program for eligible career attorneys. The purpose of |
23 | the program is to provide financial assistance to eligible |
24 | career attorneys for the repayment of eligible student loans. |
25 | (2) As used in this section, the term: |
26 | (a) "Administering body" means the Justice Administrative |
27 | Commission when the eligible career attorney is employed as an |
28 | assistant state attorney or assistant public defender or the |
29 | Office of the Attorney General when the eligible career attorney |
30 | is employed as an assistant attorney general or assistant |
31 | statewide prosecutor. |
32 | (b) "Eligible attorney" means an assistant state attorney, |
33 | assistant public defender, assistant attorney general, or |
34 | assistant statewide prosecutor. |
35 | (c) "Eligible career attorney" means an eligible attorney |
36 | who has completed at least 3 years but not more than 12 years of |
37 | continuous service on his or her employment anniversary date. |
38 | However, eligibility for student loan repayment assistance may |
39 | not be lost due to a break in employment of less than 2 weeks |
40 | while an eligible attorney transfers to another employer of |
41 | eligible attorneys. |
42 | (d) "Eligible student loan" means a loan that was issued |
43 | pursuant to the Higher Education Act of 1965, as amended, to an |
44 | eligible career attorney to fund his or her law school education |
45 | and which is not in default. |
46 | (e) "Maximum available amount" means, in the event that |
47 | the amount of an appropriation from the General Revenue Fund to |
48 | an administering body is less than the amount necessary to fund |
49 | total payments by the administering body, the amount that |
50 | results from multiplying the percentage of total funding |
51 | appropriated by the payment amount of $3,000 or $5,000 as |
52 | provided in paragraph (3)(b). The percentage of total funding |
53 | appropriated is the amount that results from dividing the amount |
54 | of the appropriation by the amount necessary to fund total |
55 | payments under paragraph (3)(b). |
56 | (3) The student loan assistance program shall be |
57 | administered in the following manner: |
58 | (a) Within 30 days after the employment anniversary date |
59 | of an individual, the individual may submit to his or her |
60 | employer a certification affidavit on a form authorized by the |
61 | administering body, which certifies that he or she, as of his or |
62 | her last employment anniversary date, is an eligible career |
63 | attorney with one or more eligible student loans. Upon approval |
64 | by the employing state attorney, public defender, Attorney |
65 | General, or statewide prosecutor, the certification affidavit |
66 | shall be submitted to the administering body within 60 days |
67 | following the last employment anniversary date of the eligible |
68 | career attorney. |
69 | (b) The administering body that receives a certification |
70 | affidavit for an eligible career attorney having: |
71 | 1. Three to five years of continuous service shall make a |
72 | payment in the amount of $3,000 or in the maximum available |
73 | amount, whichever is less. |
74 | 2. Six to twelve years of continuous service shall make a |
75 | payment in the amount of $5,000 or in the maximum available |
76 | amount, whichever is less. |
77 | (c) A payment under paragraph (b) shall be made by the |
78 | administering body: |
79 | 1. For the benefit of the eligible career attorney named |
80 | in the certification affidavit and for the purpose of satisfying |
81 | his or her eligible student loan obligation. |
82 | 2. To the lender that services the eligible student loan |
83 | between July 1 and July 31 of the next fiscal year following |
84 | receipt of the certification affidavit by the administering |
85 | body. |
86 | 3. For the eligible student loan that has the highest |
87 | current interest rate if the eligible career attorney holds more |
88 | than one eligible student loan. |
89 | (d) Payments under paragraph (b) shall cease upon totaling |
90 | $44,000 per eligible career attorney or upon full satisfaction |
91 | of the eligible student loan, whichever occurs first. |
92 | (4) The student loan assistance program may be funded |
93 | annually contingent upon a specific appropriation in the General |
94 | Appropriations Act for student loan repayment assistance to |
95 | eligible assistant state attorneys, assistant public defenders, |
96 | assistant attorneys general, and assistant statewide |
97 | prosecutors. |
98 | (5) The Justice Administrative Commission shall develop |
99 | procedures to administer this section. The Office of the |
100 | Attorney General shall adopt rules pursuant to ss. 120.536(1) |
101 | and 120.54 to administer this section. |
102 | Section 2. This act shall take effect July 1, 2008. |