PRINTER'S NO. 227
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
245
Session of
2017
INTRODUCED BY LEACH, GREENLEAF, YUDICHAK, BREWSTER, HAYWOOD,
SCHWANK, HUGHES AND COSTA, JANUARY 27, 2017
REFERRED TO EDUCATION, JANUARY 27, 2017
AN ACT
Amending the act of August 7, 1963 (P.L.549, No.290), entitled,
as amended, "An act creating the Pennsylvania Higher
Education Assistance Agency; defining its powers and duties;
conferring powers and imposing duties on the Governor,
President Pro Tempore of the Senate, Speaker of the House of
Representatives, Superintendent of Public Instruction and the
Department of Auditor General; and making appropriations,"
establishing the Pay It Forward Pay It Back Pennsylvania
Program; imposing a natural gas severance tax; and
establishing the Pay It Forward Pay It Back Pennsylvania
Program Fund.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The act of August 7, 1963 (P.L.549, No.290),
referred to as the Pennsylvania Higher Education Assistance
Agency Act, is amended by adding a section to read:
Section 5.11. Pay It Forward Pay It Back Pennsylvania
Program.--(a) The Pay It Forward Pay It Back Pennsylvania
Program is established by the agency in order to provide loans
to eligible students under this section, which loans are to be
repaid, in part, according to the income of the eligible
students.
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