HR 2082 114th Congress House Education Education of the disadvantaged Education programs funding Elementary and secondary education Employment and training programs Higher education Income tax credits Income tax deductions Science and engineering education Student aid and college costs Teaching, teachers, curricula

STEM K to Career Act

Introduced: April 29, 2015 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

Apr 29, 2015

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Apr 29, 2015

Introduced in House

Plain-English summary Congressional Research Service

STEM K to Career Act

This bill amends the Higher Education Act of 1965 (HEA) to require the Department of Education to forgive student loan obligations of borrowers employed as full-time teachers of science, technology, engineering, or mathematics (STEM) in elementary or secondary schools in which the number of low-income children exceeds a certain percentage.

Portions of the student loan debt, including interest, will be forgiven on the basis of years of service, with 100% forgiven for five years of teacher service.

The bill amends the Internal Revenue Code to allow: (1) an increased tax deduction for expenses by elementary and secondary school teachers for STEM education supplies; (2) a tax credit for the employment of STEM interns; and (3) a tax credit for employment of individuals who participated in an apprenticeship program in a STEM field, with the amount determined according to the degree of completion of a program.

Beginning with FY2016, an institution of higher education must use at least 7% of federal work-study funds granted under HEA to compensate students employed in STEM fields.

What's happening now November 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

Committees of jurisdiction 3