House Bill 431

AN ACT TO CREATE THE MISSISSIPPI PROMISE SCHOLARSHIP ACT OF 2015; TO PROVIDE DEFINITIONS; TO PROVIDE THAT THE POSTSECONDARY EDUCATION FINANCIAL ASSISTANCE BOARD SHALL ADMINISTER THE SCHOLARSHIP PROGRAM; TO PROVIDE THAT THE SCHOLARSHIP PROGRAM IS FOR MISSISSIPPI RESIDENTS SEEKING AN ASSOCIATE'S DEGREE, CERTIFICATE OR DIPLOMA FROM A PUBLIC OR PRIVATE ELIGIBLE POSTSECONDARY INSTITUTION; TO PROVIDE CRITERIA FOR RECEIVING AND RETAINING THE SCHOLARSHIP, INCLUDING PARTICIPATION IN MENTORING AND COMMUNITY SERVICE; TO PROVIDE THE TERMS OF THE SCHOLARSHIP AMOUNT AND TIME LIMIT; TO CREATE THE MISSISSIPPI PROMISE SCHOLARSHIP ENDOWMENT AS AN IRREVOCABLE TRUST; TO PROVIDE FOR TRUSTEES; TO PROVIDE VARIOUS PROVISIONS REGARDING THE TRUST; TO PROVIDE THAT THE POSTSECONDARY EDUCATION FINANCIAL ASSISTANCE BOARD SHALL APPOINT A SPECIAL ADVISORY COMMITTEE COMPRISED OF REPRESENTATIVES FROM EXISTING COLLEGE ACCESS PROGRAMS IN THE STATE; TO PROVIDE THE POSTSECONDARY EDUCATION FINANCIAL ASSISTANCE BOARD WITH RULEMAKING AUTHORITY REGARDING THE SCHOLARSHIP PROGRAM; AND FOR RELATED PURPOSES.

In the House of Representatives

• Philip Gunn

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Jan 19 – Feb 3

1. Jan 19Referred to the House committees on Universities and Colleges and on Appropriations
2. Feb 3Died in committee in the House