BILL · 2001–02 SESSION

SB 6486: College payment programs

Revising provisions for college payment programs.

Summary

  • The $200,000 limit is replaced by a $500,000 limit that may be loaned from the GET fund for development and operation of a savings program. Funds borrowed must be repaid with interest as established by the committee and during a time period determined by the committee but not to exceed fours years from the date of the loan.

From the Senate Bill Report (SB 6486), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 18, 2002
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Georgia Gardner (D-42)
Introduced
January 18, 2002 in the Senate
Last action
January 18, 2002
Requested by
State agency
Companion bill
HB 2492
Budget
Has a fiscal note

AN ACT Relating to college payment programs;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Higher Education.

SB 6486 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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