1846-S AMH HASE REIN 153

SHB 1846 - H AMD TO H AMD (1846-S AMH . . . . REIN 146) 394

By Representative Hasegawa

WITHDRAWN 03/07/2011

    On page 1, beginning on line 7 of the amendment, after "industry" strike all material through "center" on line 9 of the amendment and insert "offered by: (a) A community or technical college; or (b) a training center operated by, or pursuant to a contract with, a statewide aerospace association governed by a board that includes representatives of business and labor"

 

    On page 2, line 14 of the amendment, after "(g)" insert "To provide for forgiveness of payment as follows:

    (i) One-half of the amount of the student loan shall be forgiven if the participant does not secure full-time employment for at least one year with wages in the band specified in section 6(2)(c)(iii) of this act, and employer-provided medical, dental, and retirement benefits; and

    (ii) The full amount of the student loan shall be forgiven if the participant does not secure full-time employment for at least one year with wages in the band specified in section 6(2)(c)(ii) of this act, and employer-provided medical, dental, and retirement benefits.

    (h)"

 

    Renumber the remaining subsection consecutively and correct any internal references accordingly.

 

    On page 3, beginning on line 17 of the amendment, strike all of subsection (2) and insert the following:

    "(2) The annual report shall describe the implementation of the aerospace training student loan program, and shall include the following:

    (a) The total number of employment positions for which students are trained;

    (b) The number of full-time, part-time, and temporary employment positions for which students are trained as a percent of total employment;

    (c) The number of employment positions for which students are trained according to the following wage bands: (i) Less than thirty thousand dollars; (ii) thirty thousand dollars or greater, but less than sixty thousand dollars; and (iii) sixty thousand dollars or greater;

    (d) The number of employment positions for which students are trained that have employer-provided medical, dental, and retirement benefits, by each of the wage bands;
    (e) Information on the demographic tracking of: job training, placement, and pre-employment outreach and recruiting efforts; and

    (f) Information on success and failure rates of students in aerospace training and educational programs by race, ethnicity, socio-economic status, in-state residency, and residency within a community empowerment zone."

 

 

 

    EFFECT: Defines aerospace training or educational programs as courses offered by community or technical colleges or by training centers operated by, or pursuant to contracts with, a statewide aerospace association governed by a board that includes representatives of business and labor (rather than courses offered by the Washington Aerospace Technology and Research Center or the Spokane Aerospace Technology Center).

 

    Provides for loan forgiveness as follows: (1) one-half of the amount is forgiven if the participant does not secure full-time employment for at least 1 year with wages of $60,000 or more and certain benefits; and (2) the full amount is forgiven if the participant does not secure full-time employment for at least 1 year with wages of at least $30,000 (but less than $60,000) and certain benefits.

 

Requires that the Higher Education Coordinating Board's annual reports include data about employment positions for which students are trained, and information about job training, placement, and outreach as well as success and failure rates by various categories.

 

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