STEM K to Career Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 24, 2018)
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, shall 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 FY2019, an institution of higher education must use at least 7% of federal work-study funds granted under the HEA to compensate students employed in STEM fields.
What just happenedOct 19, 2018
Referred to the Subcommittee on Higher Education and Workforce Development.
Who’s behind it
- Introduced in HouseMay 24, 2018
- Oct 19, 2018Committee
Referred to the Subcommittee on Higher Education and Workforce Development.
Higher Education and Workforce Development Subcomittee - May 24, 2018IntroReferralH11100
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.
Education and the Workforce Committee - May 24, 2018IntroReferralH11100
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.
Ways and Means Committee - May 24, 2018IntroReferralIntro-H
Introduced in House
- May 24, 2018IntroReferral1000
Introduced in House