California AB1202 establishes a loan repayment program for legislative staffers to repay student loans.
California AB1202 establishes the California Legislative Staff Education Loan Repayment Program to encourage individuals to enter and continue employment as full-time legislative staffers in the California State Assembly and the California State Senate. The program provides up to $50,000 in student loan repayment for eligible employees, disbursed in equal monthly installments over 20 years. Eligible employees must have been employed for a minimum of 12 continuous months. The commission administering the program may accept donations and monitor for fraud.
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