HB 2255 — Encouraging Washington college grant recipients to reside or work in Washington after graduation.

Bill Text

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill amends existing law to enhance the Washington college grant program by establishing residency and employment requirements post-graduation, converting grants to loans for noncompliance, and creating a loan repayment account.

• 2019 c 406 s 18 (uncodified)

  ((free)) → taxpayer-funded

  Changes the description of the college grant program from 'free' to 'taxpayer-funded'.

• RCW 28B.92.200

  ((statewide free)) → taxpayer-funded

  Alters the language describing the college grant program to use 'taxpayer-funded' instead of 'statewide free'.

• RCW 28B.92.200

  The recipient shall agree to reside or work in Washington for one year for each academic year of Washington college grant received during academic years of junior and senior standing. → The recipient shall agree to reside or work exclusively in Washington, and shall either not be employed or be a resident in any other state for a maximum period of two years following graduation or discontinuing enrollment in an institution.

  Imposes stricter residency and employment obligations on grant recipients after graduation.

• RCW 28B.92.200

  and shall either not be employed or be a resident in any other state for a maximum period of two years following graduation or discontinuing enrollment in an institution.

  Simplifies the requirement by focusing solely on residing or working in Washington.

• RCW 28B.92.200

  The recipient shall sign a contract with the council agreeing to have his or her award converted to a student loan administered by the council if the recipient fails to fulfill this requirement. → For Washington college grant recipients who fail to fulfill the requirement to reside or work in Washington pursuant to RCW 28B.92.200(7), the council shall convert the grant amount received by the recipient into a student loan with a zero percent interest rate.

  Establishes a process for converting grants to student loans if residency or employment requirements are not met.

• The Washington college grant loan repayment account is created in the custody of the state treasurer.

  Creates a new account for managing repayments from converted grants.

• All receipts from section 3 of this act must be deposited in the account.

  Directs collection of funds from converted grants into the newly created repayment account.

• Expenditures from the account may be used for administration and loan collection under the Washington college grant program but may not exceed fifteen percent of the total receipts.

  Establishes expenditure limits for administration and loan collection from the account.

Action History

1. January 14, 2020

   Scheduled for public hearing in the House Committee on College & Workforce Development at 01:30 PM

2. January 13, 2020

   First reading, referred to College & Workforce Development.

3. December 19, 2019

   Prefiled for introduction.

Sponsors

• Gildon · Primary
• Van Werven · Cosponsor

Subjects