Relating to student loan repayment assistance for certain state employees.

HB 3030 creates a new program offering student loan repayment assistance to eligible Texas state employees. It directly affects employees working for state agencies, courts, or legislative bodies (excluding state officers) who have worked for five years, earn at or below 80% of the statewide median family income, and apply through the Texas Higher Education Coordinating Board. The program provides up to five years of assistance for eligible undergraduate loans from accredited institutions (public, private, or out-of-state), excluding defaulted loans, with repayments made as a lump sum directly to lenders or shared with employees. The board must use all allocated funds each biennium to cover these payments.