SF 2118 — A bill for an act relating to loan repayment for refinanced student loans under the rural physician loan repayment program, the health care professional recruitment program, and the health care loan repayment program, and including effective date and retroactive applicability provisions. (Formerly SF 2011.) Effective date: 03/12/2020. Applicability date: 01/01/2019.
Last action — Signed by Governor.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 29, 2020. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
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Bill Text
What changed in the latest version
21 added · 45 removed21 line(s) added, 45 removed.
Senate File 2118 - IntroducedEnrolled SENATESenate FILEFile 2118 BYAN COMMITTEEACT ONRELATING EDUCATION (SUCCESSOR TO SFLOAN 2011)REPAYMENT A BILL FOR AnREFINANCED ActSTUDENT relatingLOANS toUNDER loanTHE repaymentRURAL forPHYSICIAN refinancedLOAN studentREPAYMENT loansPROGRAM, underTHE theHEALTH ruralCARE physicianPROFESSIONAL loanRECRUITMENT repaymentPROGRAM, program,AND theTHE healthHEALTH careCARE professionalLOAN recruitmentREPAYMENT program,PROGRAM, andAND theINCLUDING healthEFFECTIVE careDATE loanAND repaymentRETROACTIVE program,APPLICABILITY andPROVISIONS. including effective date and retroactive applicability provisions.
TLSBSection 5028SV1. (2) 88 kh/jh S.F.
2118 Section 1.
NEWSenate SUBSECTIONFile .2118, p.
2 NEW SUBSECTION .
Section 261.115, Code 2020, is amended by adding the LSBfollowing 5028SVnew (2)subsection: 88 -1- kh/jh 1/3 S.F.
2118 following new subsection:
A loan repayment recipient who refinances a qualified student loan by obtaining a private educational loan may continue to receive loan repayment under this section if the amount of loan repayment does not exceed the lesser of the amount specified in subsectionSenate 4File or2118, thep. balance of the loan repayment amount the loan repayment recipient qualified to receive with the qualified student loan.
3 subsection 4 or the balance of the loan repayment amount the loan repayment recipient qualified to receive with the qualified student loan.
EXPLANATION______________________________ The______________________________ inclusionCHARLES ofSCHNEIDER thisPAT explanationGRASSLEY doesPresident notof constitutethe agreementSenate withSpeaker of the explanation’sHouse substanceI byhereby thecertify membersthat ofthis bill originated in the generalSenate assembly.and is known as Senate File 2118, Eighty-eighth General Assembly.
This______________________________ billW. permits a loan repayment recipient under the rural LSB 5028SV (2) 88 -2- kh/jh 2/3 S.F.
2118CHARLES physicianSMITHSON loanSecretary repaymentof program, the healthSenate careApproved professional_______________, recruitment2020 program,______________________________ orKIM theREYNOLDS healthGovernor care loan repayment program to continue to receive loan repayment under the program after refinancing a federal student loan with a private educational loan.
However, the loan repayment amount cannot exceed the lesser of the amount of loan repayment allowed under the program or the balance of the loan repayment amount the loan repayment recipient qualified to receive with the federal student loan.
The bill amends language limiting the amount of loan repayment available to a recipient under the rural physician loan repayment program to direct that the college student aid commission, upon an eligible student’s graduation, divide the student’s total eligible loan amount by five to determine the annual amount of loan repayment for which the loan recipient is eligible.
The bill includes a technical correction and a technical change that moves to a new subsection language limiting the commission to entering into not more than 20 program agreements annually.
LSB 5028SV (2) 88 -3- kh/jh 3/3
Action History
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Signed by Governor.
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Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
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Explanation of vote.
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Explanation of vote.
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Message from House.
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Immediate message.
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Passed House, yeas 96, nays 1.
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Substituted for HF 2461.
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Read first time, passed on file.
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Message from Senate.
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Immediate message.
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Passed Senate, yeas 49, nays 0.
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Committee report, approving bill.
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Introduced, placed on calendar, under Rule 28.
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 0 co-sponsors · 150 not signed on
Sponsors (0)
None.
Co-sponsors (0)
None.
Not signed on (150)
150 members have not signed on to this bill.
Show all 150 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What is the current status of SF 2118?
- This bill has been enacted into law. Introduced January 29, 2020. Enacted.
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