Minnesota Legislature
HF 3051
as introduced - 90th Legislature (2017 - 2018) Posted on 02/26/2018 02:28pm
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14
1.15 1.16 1.17 1.18 1.19 1.20
2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9
A bill for an act
relating to higher education; limiting loan forgiveness appropriations; amending
Minnesota Statutes 2017 Supplement, section 136A.1789, subdivision 2; Laws
2017, chapter 89, article 1, section 2, subdivisions 33, 34.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2017 Supplement, section 136A.1789, subdivision 2, is
amended to read:
Subd. 2.
Creation of account.
deleted text begin (a)deleted text end An aviation degree loan forgiveness program account
is establishednew text begin in the special revenue fundnew text end to provide qualified pilots and qualified aircraft
technicians with financial assistance in repaying qualified education loans. The commissioner
must use money from the account to establish and administer the aviation degree loan
forgiveness program.
deleted text begin
(b) Appropriations made to the aviation degree loan forgiveness program account do
not cancel and are available until expended.
deleted text end
Sec. 2.
Laws 2017, chapter 89, article 1, section 2, subdivision 33, is amended to read:
Subd. 33.Agricultural Educators Loan
|
50,000 |
50,000 |
||||
For deleted text begin deposit indeleted text end new text begin transfer tonew text end the agricultural
education loan forgiveness accountnew text begin in the
special revenue fundnew text end .
Sec. 3.
Laws 2017, chapter 89, article 1, section 2, subdivision 34, is amended to read:
Subd. 34.Aviation Degree Loan Forgiveness
|
25,000 |
25,000 |
||||
For new text begin transfer to new text end the aviation degree loan
forgiveness program new text begin account in the special
revenue fund new text end under Minnesota Statutes,
section 136A.1789new text begin , subdivision 2new text end .new text begin This
appropriation does not cancel until June 30,
2021.
new text end