HB2973ham001 101ST GENERAL ASSEMBLY

Rep. Mark L. Walker

Filed: 3/13/2019

10100HB2973ham001 LRB101 08956 HLH 57563 a

AMENDMENT TO HOUSE BILL 2973

AMENDMENT NO. ______. Amend House Bill 2973 on page 1, line 12, after "expenses", by inserting "for each qualified education loan"; and

on page 1, line 14, after "(b)", by inserting "for the taxpayer's highest level of education"; and

on page 2, by replacing lines 8 through 18 with the following:

"(c) As used in this Section:

"Qualified education loan" has the meaning given to that term in Section 221 of the Internal Revenue Code.

"Qualified taxpayer" means a taxpayer who (i) has an Associate's degree, a Bachelor's degree, or a graduate degree from an institution of higher education accredited by the U.S. Department of Education; (ii) has annual student loan repayment expenses; and (iii) is employed full-time in the State in one or more of the following fields: life, natural, or environmental sciences; computer, information, or software technology; advanced mathematics or finance; engineering; industrial design or other commercially related design field; or medicine or medical device technology. For the purposes of this Section, a taxpayer is employed full-time if the taxpayer works in any of the listed fields at a rate of at least 35 hours per week.".