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Minnesota Legislature

Office of the Revisor of Statutes

SF 3062

as introduced - 90th Legislature (2017 - 2018) Posted on 03/14/2018 04:14pm

KEY: stricken = removed, old language.
underscored = added, new language.
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1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14
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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
Forgiveness

50,000
50,000

For deleted text begindeposit indeleted text endnew text begin transfer tonew text end the agricultural
education loan forgiveness accountnew text begin in the
special revenue fund
new text end.

Sec. 3.

Laws 2017, chapter 89, article 1, section 2, subdivision 34, is amended to read:


Subd. 34.

Aviation Degree Loan Forgiveness
Program

25,000
25,000

For new text begintransfer to new text endthe aviation degree loan
forgiveness program new text beginaccount in the special
revenue fund
new text endunder 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