72:1 Committee Established. There is established a committee to study a state guarantee of refinancing of student loans and explore possible tax credits for businesses that offer tuition forgiveness.

72:2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) One member of the senate, appointed by the president of the senate.

(b) Two members of the house of representatives, one appointed by the speaker of the house of representatives and one appointed by the minority leader.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

III. The committee shall solicit advice and testimony from the following organizations, entities, and individuals and any other individual or organization with information relevant to the committee's study:

(a) The chancellor of the university system of New Hampshire, or designee.

(b) The chancellor of the community college system of New Hampshire, or designee.

(c) The executive director of Stay Work Play New Hampshire, or designee.

(d) The Business and Industry Association.

(e) Chambers of Commerce.

(f) The New Hampshire Bankers Association.

(g) The New Hampshire College and University Council.

(h) Members of the public affected by student loan debt.

(i) The New Hampshire Higher Education Assistance Foundation.

72:3 Duties. The committee shall review the possibility of a state guarantee of refinancing student loans and explore the possibility of a state guarantee of refinancing student loans and the possibility of business tax credits for businesses that offer student loan forgiveness, and other incentives.

72:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section.

72:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2019.

72:6 Effective Date. This act shall take effect upon its passage.

Enacted in accordance with Article 44, Part II, of N.H. Constitution, without signature of the governor, June 8, 2019

Effective Date: June 8, 2019

72:1 Committee Established. There is established a committee to study a state guarantee of refinancing of student loans and explore possible tax credits for businesses that offer tuition forgiveness.

72:2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) One member of the senate, appointed by the president of the senate.

(b) Two members of the house of representatives, one appointed by the speaker of the house of representatives and one appointed by the minority leader.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

III. The committee shall solicit advice and testimony from the following organizations, entities, and individuals and any other individual or organization with information relevant to the committee's study:

(a) The chancellor of the university system of New Hampshire, or designee.

(b) The chancellor of the community college system of New Hampshire, or designee.

(c) The executive director of Stay Work Play New Hampshire, or designee.

(d) The Business and Industry Association.

(e) Chambers of Commerce.

(f) The New Hampshire Bankers Association.

(g) The New Hampshire College and University Council.

(h) Members of the public affected by student loan debt.

(i) The New Hampshire Higher Education Assistance Foundation.

72:3 Duties. The committee shall review the possibility of a state guarantee of refinancing student loans and explore the possibility of a state guarantee of refinancing student loans and the possibility of business tax credits for businesses that offer student loan forgiveness, and other incentives.

72:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section.

72:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2019.

72:6 Effective Date. This act shall take effect upon its passage.

Enacted in accordance with Article 44, Part II, of N.H. Constitution, without signature of the governor, June 8, 2019

Effective Date: June 8, 2019