STEM K to Career Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 29, 2015)
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 just happenedNov 16, 2015
Referred to the Subcommittee on Higher Education and Workforce Training.
Who’s behind it
- Introduced in HouseApr 29, 2015
- Nov 16, 2015Committee
Referred to the Subcommittee on Higher Education and Workforce Training.
Higher Education and Workforce Development Subcomittee - Apr 29, 2015IntroReferralH11100
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 - Apr 29, 2015IntroReferralH11100-A
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, 2015IntroReferralH11100
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 - Apr 29, 2015IntroReferralIntro-H
Introduced in House
- Apr 29, 2015IntroReferral1000
Introduced in House