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Bill > HB390
KY HB390
KY HB390AN ACT relating to financial incentives to reduce teacher shortages and making an appropriation therefor.
summary
Introduced
02/21/2023
02/21/2023
In Committee
02/21/2023
02/21/2023
Crossed Over
Passed
Dead
03/30/2023
03/30/2023
Introduced Session
2023 Regular Session
Bill Summary
Create a new section of KRS Chapter 164 to establish the Student Teacher Stipend Program; define eligibility for the program; direct the Kentucky Higher Education Assistance Authority to administer the program; provide an award of up to $8000 to an eligible student teacher; establish the Student Teacher Stipend Program fund and appropriate $10,000,000 in fiscal year 2023-2024 to the fund; create a new section of KRS Chapter 164 to establish the Teacher Recruitment Student Loan Forgiveness Program; define eligibility for the program; direct the Kentucky Higher Education Assistance Authority to administer the program; provide up to $10,000 in student loan repayment for completing two years of consecutive teaching service; establish the Teacher Recruitment Student Loan Forgiveness Program fund and appropriate $5,000,000 in fiscal year 2023-2024 to the fund; APPROPRIATION.
AI Summary
This bill establishes two new financial incentive programs to address teacher shortages in Kentucky. The first is the Student Teacher Stipend Program, which provides eligible student teachers up to $8,000 during their student teaching term. The second is the Teacher Recruitment Student Loan Forgiveness Program, which offers up to $10,000 in student loan repayment to eligible teachers who complete two consecutive years of teaching in Kentucky public schools. The bill appropriates $10 million in fiscal year 2023-2024 for the Student Teacher Stipend Program and $5 million for the Teacher Recruitment Student Loan Forgiveness Program.
Sponsors (2)
Last Action
to Committee on Committees (H) (on 02/21/2023)
Bill Topics
Education
- ‐ Education Excellence
- ‐ Elementary and Secondary Education
- ‐ Higher Education
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/23RS/hb390.html | 02/21/2023 |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb390/orig_bill.pdf | 02/21/2023 |
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