STEM K to Career Act

Summary

STEM K to Career Act This bill provides for loan forgiveness and tax credits related to science, technology, engineering, or mathematics (STEM) education and addresses work-study for students employed in STEM fields. The bill requires the Department of Education to forgive student loan obligations of borrowers employed as full-time teachers of 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 allows (1) an increased tax deduction for expenses of 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 the program. Beginning with FY2020, an institution of higher education must use at least 7% of federal work-study funds to compensate students employed in STEM fields.

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Timeline

1. 4 June 2019

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.

   Source: IntroReferral

2. 4 June 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 June 2019

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 June 2019 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 June 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 June 2019

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 4 June 2019

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  Leesvertaling

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Swalwell, Eric [D-CA-15] · D · Sponsor
• Sen. Gallego, Ruben [D-AZ] · D · Sponsor
• Rep. Thompson, Bennie G. [D-MS-2] · D · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• Rep. Rush, Bobby L. [D-IL-1] · D · Sponsor
• Rep. Jackson Lee, Sheila [D-TX-18] · D · Sponsor
• Rep. Cohen, Steve [D-TN-9] · D · Sponsor
• Rep. Bishop, Sanford D. [D-GA-2] · D · Cosponsor
• Rep. Ryan, Tim [D-OH-13] · D · Cosponsor
• Rep. Maloney, Sean Patrick [D-NY-18] · D · Cosponsor
• Rep. Mucarsel-Powell, Debbie [D-FL-26] · D · Cosponsor
• Rep. Khanna, Ro [D-CA-17] · D · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

• related to → STEM K to Career Act
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