HF2061 (Legislative Session 94 (2025-2026))

Student loan debt counseling funding provided, and money appropriated.

Related bill: SF1611

AI Generated Summary

This bill, introduced in the Minnesota House of Representatives by Representative Coulter, proposes appropriating funds for student loan debt counseling. It allocates $250,000 for fiscal year 2026 and $250,000 for fiscal year 2027 from the state's general fund to the Office of Higher Education for these services, under Minnesota Statutes section 136A.1788. Additionally, the Office of Higher Education is permitted to use up to 3% of the appropriated funds for program administration.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 09, 2025HouseFloorActionIntroduction and first reading, referred toHigher Education Finance and Policy
March 09, 2025HouseFloorActionIntroduction and first reading, referred toHigher Education Finance and Policy
March 16, 2025HouseFloorActionAuthor added
March 25, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriations for fiscal years 2026 and 2027 for student loan counseling."
      ],
      "removed": [
        ""
      ],
      "summary": "The bill appropriates funds for student loan debt counseling under section 136A.1788.",
      "modified": [
        "Allows up to three percent of the appropriation to be used for administrative costs, overriding section 16B.98 subdivision 14."
      ]
    },
    "citation": "136A.1788",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "The bill overrides limitations in section 16B.98 subdivision 14 regarding use of appropriations.",
      "modified": [
        "Overrides the limit on administrative costs from the appropriated funds."
      ]
    },
    "citation": "16B.98",
    "subdivision": "subdivision 14"
  }
]