Pennsylvania HB 2099: An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, providing for Delayed Payment Plan Program; establishing the Delayed Payment Plan Program Fund; and imposing duties on the Pennsylvania Higher Education Assistance Agency.
Status: Referred to Education (as of 2025-12-12)
State: Pennsylvania · Session: 2025-2026 · Bill: HB 2099
Sponsors: Eddie Pashinski, Benjamin Sanchez, Carol Hill-Evans, Dan Frankel, Daniel Deasy, Elizabeth Fiedler, G. Roni Green, Joe Ciresi, Jose Giral, Michael Schlossberg, Patrick Harkins, Tarik Khan
Bill Text
PRINTER'S NO. 2699 THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL No. 2099 Session of 2025 INTRODUCED BY PASHINSKI, SANCHEZ, KHAN, GIRAL, HILL-EVANS, CIRESI, SCHLOSSBERG, FRANKEL, FIEDLER, HARKINS, DEASY AND GREEN, DECEMBER 11, 2025 REFERRED TO COMMITTEE ON EDUCATION, DECEMBER 12, 2025 AN ACT Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An act relating to the public school system, including certain provisions applicable as well to private and parochial schools; amending, revising, consolidating and changing the laws relating thereto," providing for Delayed Payment Plan Program; establishing the Delayed Payment Plan Program Fund; and imposing duties on the Pennsylvania Higher Education Assistance Agency. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. The act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, is amended by adding an article to read: ARTICLE XIX-I DELAYED PAYMENT PLAN PROGRAM Section 1901-I. Definitions. The following words and phrases when used in this article shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Agency." The Pennsylvania Higher Education Assistance 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Agency. "Department." The Department of Education of the Commonwealth. "Fund." The Delayed Payment Plan Program Fund established under section 1905-I. "Income." Salary, wages, interest, dividends and other earnings that are reportable for Federal income tax purposes. "Income share agreement." An agreement between the agency and a student under which the student commits to pay a specified percentage of the student's future income, for a specified period of time, in addition to the requirements and terms specified under sections 1903-I and 1906-I, in exchange for payments to, or on behalf of, the student for a portion of the student's tuition for attendance at the institution of higher education. "Institution of higher education." As defined under section 118(c). "Participating institution." A participating institution of higher education. "Program." The Delayed Payment Plan Program established under section 1902-I. "Tuition." A sum of money charged for teaching or instruction by a participating institution. Section 1902-I. Establishment of program. Subject to receipt of grants, contributions or amounts appropriated specifically for this purpose, the Delayed Payment Plan Program is established. The agency may enter into an income share agreement with a student accepted for enrollment at any of the 15 Pennsylvania State community colleges or the Thaddeus Stevens College of Technology beginning with the 2025-2026 20250HB2099PN2699 - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 academic year. The agency may decide to offer the program to students accepted or enrolled in any State System of Higher Education institution beginning with the 2026-2027 school year. Section 1903-I. Eligibility requirements. In order to qualify for participation in the program, a student must meet all of the following requirements: (1) The student must be a resident of this Commonwealth, as defined by the Pennsylvania State Grant Program. (2) The student must agree to remain a resident of this Commonwealth for 10 years after graduation or until the tuition is repaid, whichever occurs first. (3) The student shall pursue a degree in a high-need area, as identified by the participating institution and approved by the agency. (4) The student must demonstrate Federal Direct Student Loan eligibility. Section 1904-I. Powers and duties of agency. The agency shall have the following powers and duties: (1) Impose reasonable limits on the terms of income share agreements. (2) Partner with participating institutions to publicize the availability of the program to students and to select participants for the program, subject to the number of students that may be supported by the fund. (3) Distribute income share agreement program money to participating institutions based on the total annual tuition cost for participating students. (4) Contract with a program administrator for execution of income share agreements. (5) Ensure transparency in investment decisions and 20250HB2099PN2699 - 3 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 processes. (6) Make, execute and deliver contracts, conveyances and other instruments necessary to exercise and discharge the agency's powers and duties under this article. Section 1905-I. Delayed Payment Plan Program Fund. (a) Establishment.--The Delayed Payment Plan Program Fund is established within the State Treasury from which income share agreement money shall be disbursed to program administrators through the agency. Expenditures from the fund may be used only for the program. Administrative costs for the program may not exceed $400,000 in the first year of the program or $30
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