SB 958 Oregon Senate · 2019 Regular Session

Relating to student loans; prescribing an effective date.

Summary
Establishes Dreamers Access Program to award student loans to eligible students with demonstrated financial need. Establishes maximum loan limits for undergraduate and graduate students. Provides that maximum amount of loan per student may not exceed $10,000 per academic year or aggregate total of $50,000. ] Requires Higher Education Coordinating Commission to administer program by rule. Establishes Dreamers Access Program Fund. Continuously appropriates moneys to commission for purpose of awarding loans and administering program. Requires commission to file annual ] biennial report with Legislative Assembly stating mean and median dollar amount ] amounts of each loan awarded under program and number of students who received loan ] loans under program during previous biennium academic year ] , total number of students who received loan during previous biennium, total amount of moneys within fund, total amount of moneys appropriated or otherwise provided to fund during current biennium by Legislative Assembly and commission's annual administrative costs for administering program . Requires commission to file annual report with Legislative Assembly stating total amount of moneys within fund, total amount of moneys appropriated or otherwise provided to fund during current biennium by Legislative Assembly and commission's annual administrative costs for administering program. ] Takes effect on 91st day following adjournment sine die.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2019
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2019 Last action Jul 1, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jul 1, 2019
Upper · Passed
In committee upon adjournment.
upper
Apr 11, 2019
Committee
Referred to Ways and Means by prior reference.
upper
Apr 11, 2019
Upper · Passed
Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)
upper
Mar 6, 2019
Committee
Referred to Education, then Ways and Means.
upper
Mar 4, 2019
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rob Wagner
Rob Wagner
DDemocratic
OR
19