Rep. Mark L. Walker
Filed: 3/13/2019
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| 1 | AMENDMENT TO HOUSE BILL 2973
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| 2 | AMENDMENT NO. ______. Amend House Bill 2973 on page 1, line | ||||||
| 3 | 12, after "expenses", by inserting "for each qualified | ||||||
| 4 | education loan"; and | ||||||
| 5 | on page 1, line 14, after "(b)", by inserting "for the | ||||||
| 6 | taxpayer's highest level of education"; and
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| 7 | on page 2, by replacing lines 8 through 18 with the following: | ||||||
| 8 | "(c) As used in this Section: | ||||||
| 9 | "Qualified education loan" has the meaning given to that | ||||||
| 10 | term in Section 221 of the Internal Revenue Code. | ||||||
| 11 | "Qualified taxpayer" means a taxpayer who (i) has an | ||||||
| 12 | Associate's degree, a Bachelor's degree, or a graduate degree | ||||||
| 13 | from an institution of higher education accredited by the U.S. | ||||||
| 14 | Department of Education; (ii) has annual student loan repayment | ||||||
| 15 | expenses; and (iii) is employed full-time in the State in one | ||||||
| 16 | or more of the following fields: life, natural, or | ||||||
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| 1 | environmental sciences; computer, information, or software | ||||||
| 2 | technology; advanced mathematics or finance; engineering; | ||||||
| 3 | industrial design or other commercially related design field; | ||||||
| 4 | or medicine or medical device technology. For the purposes of | ||||||
| 5 | this Section, a taxpayer is employed full-time if the taxpayer | ||||||
| 6 | works in any of the listed fields at a rate of at least 35 hours | ||||||
| 7 | per week.".
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