Summary of the Introduced Bill

HB 498 -- Full-Time Mother Scholarship Bonus Program

Sponsor:  Davis

This bill establishes the Full-time Mother Scholarship Bonus
Program to be administered by the Coordinating Board for Higher
Education.  Beginning January 1, 2010, an educational scholarship
of $600 per year for tuition and books will be available for any
mother who has chosen to stay home to raise a child 15 years of
age or younger.  The amount of the scholarship will increase each
year by the same percentage as the increase in the federal
Consumer Price Index.  A mother cannot receive a scholarship if
she claims a dependent care deduction on her income tax return,
submits claims for dependent care through a cafeteria or flex
spending plan, or has an employment income of more than $1,000
annually.  Unused scholarship funds will remain on account until
used by the recipient for future education.

The provisions of the bill will expire six years from the
effective date.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am