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