Bill: SB 16, 86(R) - 2019

Committee

Senate Higher Education

2nd Chamber Committee

House Higher Education

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
No Negative Neutral Neutral Negative Neutral

Author(s)

Kelly Hancock

Co-Author(s)

Paul Bettencourt
Juan "Chuy" Hinojosa
Royce West

Sponsor(s)

Lynn Stucky

Bill Caption

Relating to a student loan repayment assistance program for certain persons who agree to employment as full-time peace officers in this state.

Fiscal Notes

Estimated Two-year Net Impact to General Revenue Related Funds for SB 16, Committee Report 2nd House, Substituted: a negative impact of ($4,265,715) through the biennium ending August 31, 2021.

The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.

Bill Analysis

SB 16 would establish a loan repayment assistance program for the repayment of student loan debt over a five-year period for peace officers who meet eligibility requirements. The total amount of repayment assistance to an eligible peace officer would be capped at $20,000.

Vote Recommendation Notes

Texas Action recommends opposing SB 16 because it infringes upon principles of free markets and limited government. It is not a legitimate role of the government to provide loan assistance, the burden of which would fall to taxpayers already struggling to repay their own student loans.

Organizations Supporting

Dallas Police Department
Houston Police Department
Sheriffs' Association of Texas

Source URL (retrieved on 03/28/2024 02:03 PM): http://reports.texasaction.com/bill/86r/sb16?print_view=true