H.R. 1547House109th Congress (2005-2007)In Committee

Math and Science Incentive Act of 2005

Introduced April 12, 2005

Legislative Activity

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5 earlier actions
HouseIntro Referral Latest Action

Sponsor introductory remarks on measure. (CR H1220)

March 29, 2006

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HouseIntro Referral

Introduced in House

April 12, 2005

HouseIntro Referral

Referred to the House Committee on Education and the Workforce. (text of measure as introduced: CR E660-661)

April 12, 2005

HouseIntro Referral

Sponsor introductory remarks on measure. (CR E660)

April 15, 2005

HouseCommittee

Referred to the Subcommittee on 21st Century Competitiveness.

April 29, 2005

HouseIntro Referral

Sponsor introductory remarks on measure. (CR E1595-1596)

July 25, 2005

HouseIntro Referral

Sponsor introductory remarks on measure. (CR H1220)

March 29, 2006

Floor Debate

22 members

What members said about H.R. 1547 on the floor

14 Republicans8 Democrats
Howard P. "Buck" McKeon
Rep. Howard P. "Buck" McKeonR-CA-25 · Mar 29, 2006

Mr. Chairman, I yield myself such time as I may consume. I rise in support of this bill to reform, reauthorize and strengthen programs under the Higher Education Act. I want to thank my former…

Ron Kind
Rep. Ron KindD-WI-3 · Mar 29, 2006

Mr. Chairman, I thank the gentleman for yielding me this time. Mr. Chairman, I reluctantly rise in opposition of the bill, not because I do not appreciate the hard work that has gone on in committee…

George Miller
Rep. George MillerD-CA-7 · Mar 29, 2006

Mr. Chairman, I yield 5 minutes to the gentleman from Michigan (Mr. Kildee). Mr. Chairman, I yield myself 1 minute. The gentleman tells an interesting story on Pell Grants, but the problem is the…

Charles W. Boustany, Jr.
Rep. Charles W. Boustany, Jr.R-LA-7 · Mar 29, 2006

Mr. Chairman, I rise in strong support of H.R. 609, and I want to congratulate Majority Leader Boehner and Chairman McKeon for bringing this important legislation to the floor. H.R. 609 is critical…

Ric Keller
Rep. Ric KellerR-FL-8 · Mar 29, 2006

Mr. Chairman, I thank the chairman for yielding me time. Mr. Chairman, I rise to proudly support H.R. 609, the College Access and Opportunity Act, which reauthorizes the Higher Education Act. Don't…

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Rush Holt
Rep. Rush HoltD-NJ-12 · Mar 29, 2006

Mr. Chairman, I ask to claim time in opposition. No, Mr. Chairman. Mr. Chairman, indeed I am not opposing this amendment. In fact, I am joining the gentlewoman in this amendment and working with her,…

Robert E. Andrews
Rep. Robert E. AndrewsD-NJ-1 · Mar 29, 2006

Mr. Chairman, I claim the time in opposition to the amendment. Mr. Chairman, I rise to claim the time in opposition, although I am obviously in favor of the amendment. I want to thank the chairman…

Thomas E. Petri
Rep. Thomas E. PetriR-WI-6 · Mar 29, 2006

Mr. Chairman, I want to express my disappointment that the rule to H.R. 609 does not allow my colleagues the opportunity to consider the Student Aid Reward Amendment that I sought to offer with…

Michael N. Castle
Rep. Michael N. CastleR-DE · Mar 29, 2006

To Chairman McKeon, congratulations on rising to the top of this very significant committee. I would also like to express my accolades to Sally Lovejoy, who has had occasion to straighten me out,…

Vernon J. Ehlers
Rep. Vernon J. EhlersR-MI-3 · Mar 29, 2006

Thank you, Mr. Chairman, and I thank the chairman for yielding me time. I rise in support of H.R. 609, the College Access and Opportunity Act. I thank Majority Mr. Leader Boehner and Chairman McKeon…

Chris Van Hollen
Rep. Chris Van HollenD-MD-8 · Mar 29, 2006

Mr. Chairman, I, too, want to thank the chairman of the committee and the ranking member and the chairman and ranking member of the subcommittee for their work on this important issue. However, I,…

Pete Sessions
Rep. Pete SessionsR-TX-32 · Mar 29, 2006

Madam Chairman, I offer an amendment. Madam Chairman, I would like to, before I really begin my remarks, thank the gentleman, the chairman of the committee and his staff who have been very helpful…

Melissa A. Hart
Rep. Melissa A. HartR-PA-4 · Mar 29, 2006

Madam Chairman, I offer an amendment. Madam Chairman, I yield myself such time as I may consume. I rise in support of the amendment and ask that my colleagues support it as well, because this…

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Frank R. Wolf
Rep. Frank R. WolfR-VA-10 · Mar 29, 2006

Mr. Chairman, I rise today in support of H.R. 609, the College Access and Opportunity Act. This bill recognizes the unprecedented challenges that America is facing from countries like China and India…

Mark E. Souder
Rep. Mark E. SouderR-IN-3 · Mar 29, 2006

Mr. Chairman, the last speaker, I realize he is not on the Education Committee, but stated an appalling misrepresentation of what has happened on two different fronts. First off, as he probably…

Henry Cuellar
Rep. Henry CuellarD-TX-28 · Mar 29, 2006

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. First of all, I want to thank Mr. Keller and Mr. Miller for the work they have been doing on this…

Dale E. Kildee
Rep. Dale E. KildeeD-MI-5 · Mar 29, 2006

Mr. Chairman, after a highly contentious debate over a $12 billion raid on student aid, I was hoping to build some bridges and work together with the rest of the higher education reauthorization.…

Vernon J. Ehlers
Rep. Vernon J. EhlersR-MI-3 · Apr 12, 2005

Mr. Speaker, I rise in support of the Math and Science Incentive Act of 2005, which today was introduced by Rep. Wolf. I thank him and his staff for their work on this important legislation. I am…

David Dreier
Rep. David DreierR-CA-26 · Mar 29, 2006

Mr. Chairman, I thank my friend from Washington for yielding. I would like to congratulate her on her great commitment when it comes to this issue of America's competitiveness. We all know that…

Frank R. Wolf
Rep. Frank R. WolfR-VA-10 · Apr 15, 2005

Mr. Speaker, on Tuesday I introduced with Congressmen Ehlers and Boehlert, H.R. 1547, the Math and Science Incentive Act of 2005. This legislation would pay--over the life of the loan up to…

Rahm Emanuel
Rep. Rahm EmanuelD-IL-5 · Mar 29, 2006

Mr. Chairman, the prior speaker said she was appalled by some of the characterizations. Funny, that was my emotion when this Congress just 2 months ago cut $12.5 billion from college assistance, the…

Joe Wilson
Rep. Joe WilsonR-SC-2 · Mar 29, 2006

Mr. Chairman, I am pleased to rise today in support of the Porter Amendment, which would extend student loan forgiveness to individuals employed full-time by a qualified public service employer. In…

Dan Burton
Rep. Dan BurtonR-IN-5 · Mar 29, 2006

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. (Mr. BURTON of Indiana asked and was given permission to revise and extend his remarks.) Mr. Chairman, the…

Jon C. Porter
Rep. Jon C. PorterR-NV-3 · Mar 29, 2006

Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. I would first like to thank my colleagues, Mr. Andrews from New Jersey and Mr. Renzi from Arizona, for…

Bill Text

Latest available legislative text

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Introduced in HouseIssued April 12, 2005

I

109th CONGRESS

1st Session

H. R. 1547

IN THE HOUSE OF REPRESENTATIVES

April 12, 2005

Mr. Wolf (for himself, Mr. Ehlers, and Mr. Boehlert) introduced the following bill; which was referred to the Committee on Education and the Workforce

A BILL

To preserve mathematics- and science-based industries in the United States.

1.

Short title

This Act may be cited as the Math and Science Incentive Act of 2005.

2.

Findings

The Congress finds the following:

(1)

The United States can have a secure and prosperous future only by having a robust and inventive scientific and technical enterprise.

(2)

Such an enterprise will require the United States to produce more scientists and engineers.

(3)

The United States education system must do more to encourage students at every level to study science and mathematics and to pursue careers related to those fields.

(4)

The current performance of United States students in science and math lags behind their international peers, and not enough students are pursuing science and mathematics.

(5)

The United States is still reaping the benefits of past investments in research and development and education, but we are drawing down that capital.

(6)

The United States needs to recommit itself to leadership in science, mathematics and engineering, especially as advances are being made in such areas as nanotechnology.

(7)

A program of loan forgiveness designed to attract students to careers in science, mathematics, engineering and technology, including teaching careers, can help the United States maintain its technological leadership.

3.

Establishment of program

(a)

Program

(1)

In general

The Secretary shall carry out a program of assuming the obligation to pay, pursuant to the provisions of this Act, the interest on a loan made, insured, or guaranteed under part B or D of title IV of the Higher Education Act of 1965.

(2)

Eligibility

The Secretary may assume interest payments under paragraph (1) only for a borrower who—

(A)

has submitted an application in compliance with subsection (d);

(B)

obtained one or more loans described in paragraph (1) as an undergraduate student;

(C)

is a new borrower (within the meaning of section 103(7) of the Higher Education Act of 1965 (20 U.S.C 1003(7)) on or after the date of enactment of this Act;

(D)

is a teacher of science, technology, engineering or mathematics at an elementary or secondary school, or is a mathematics, science or engineering professional; and

(E)

enters into an agreement with the Secretary to complete 5 consecutive years of service in a position described in subparagraph (D), starting on the date of the agreement.

(3)

Prior interest limitations

The Secretary shall not make any payments for interest that—

(A)

accrues prior to the beginning of the repayment period on a loan in the case of a loan made under section 428H or a Federal Direct Unsubsidized Stafford Loan; or

(B)

has accrued prior to the signing of an agreement under paragraph (2)(E).

(4)

Initial selection

In selecting participants for the program under this Act, the Secretary—

(A)

shall choose among eligible applicants on the basis of—

(i)

the national security, homeland security and economic security needs of the United States, as determined by the Secretary, in consultation with other Federal agencies, including the Departments of Labor, Defense, Homeland Security, Commerce, and Energy, the Central Intelligence Agency and the National Science Foundation; and

(ii)

the academic record or job performance of the applicant; and

(B)

may choose among eligible applicants on the basis of—

(i)

the likelihood of the applicant to complete the five-year service obligation;

(ii)

the likelihood of the applicant to remain in science, mathematics or engineering after the completion of the service requirement; or

(iii)

other relevant criteria determined by the Secretary.

(5)

Availability subject to appropriations

Loan interest payments under this Act shall be subject to the availability of appropriations. If the amount appropriated for any fiscal year is not sufficient to provide interest payments on behalf of all qualified applicants, the Secretary shall give priority to those individuals on whose behalf interest payments were made during the preceding fiscal year.

(6)

Regulations

The Secretary is authorized to prescribe such regulations as may be necessary to carry out the provisions of this section.

(b)

Duration and amount of interest payments

The period during which the Secretary shall pay interest on behalf of a student borrower who is selected under subsection (a) is the period that begins on the effective date of the agreement under subsection (a)(2)(E), continues after successful completion of the service obligation, and ends on the earlier of—

(1)

the completion of the repayment period of the loan;

(2)

payment by the Secretary of a total of $10,000 on behalf of the borrower;

(3)

if the borrower ceases to fulfill the service obligation under such agreement prior to the end of the 5-year period, as soon as the borrower is determined to have ceased to fulfill such obligation in accordance with regulations of the Secretary; or

(4)

6 months after the end of any calendar year in which the borrower’s gross income equals or exceeds 4 times the national per capita disposable personal income (current dollars) for such calendar year, as determined on the basis of the National Income and Product Accounts Tables of the Bureau of Economic Analysis of the Department of Commerce, as determined in accordance with regulations prescribed by the Secretary.

(c)

Repayment to eligible lenders

Subject to the regulations prescribed by the Secretary by regulation under subsection (a)(6), the Secretary shall pay to each eligible lender or holder for each payment period the amount of the interest that accrues on a loan of a student borrower who is selected under subsection (a).

(d)

Application for repayment

(1)

In general

Each eligible individual desiring loan interest payment under this section shall submit a complete and accurate application to the Secretary at such time, in such manner, and containing such information as the Secretary may require.

(2)

Failure to complete service agreement

Such application shall contain an agreement by the individual that, if the individual fails to complete the 5 consecutive years of service required by subsection (a)(2)(E), the individual agrees to repay the Secretary the amount of any interest paid by the Secretary on behalf of the individual.

(e)

Treatment of consolidation loans

A consolidation loan made under section 428C of the Higher Education Act of 1965, or a Federal Direct Consolidation Loan made under part D of title IV of such Act, may be a qualified loan for the purpose of this section only to the extent that such loan amount was used by a borrower who otherwise meets the requirements of this section to repay—

(1)

a loan made under section 428 or 428H of such Act; or

(2)

a Federal Direct Stafford Loan, or a Federal Direct Unsubsidized Stafford Loan, made under part D of title IV of such Act.

(f)

Prevention of double benefits

No borrower may, for the same service, receive a benefit under both this section and—

(1)

any loan forgiveness program under title IV of the Higher Education Act of 1965; or

(2)

subtitle D of title I of the National and Community Service Act of 1990 (42 U.S.C. 12571 et seq.).

4.

Definitions

As used in this Act—

(1)

the term Secretary means the Secretary of Education; and

(2)

the term mathematics, science, or engineering professional means a person who—

(A)

holds a baccalaureate, masters, or doctoral degree (or a combination thereof) in science, mathematics or engineering; and

(B)

works in a field the Secretary determines is closely related to that degree, which shall include working as a professor at a two- or four-year institution of higher education.

5.

Authorization of appropriations

There are authorized to be appropriated to carry out this Act such sums as may be necessary for fiscal year 2006 and for each of the 5 succeeding fiscal years.