The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB811-SSA2,1 1Section 1 . 13.172 (1) of the statutes is amended to read:
AB811-SSA2,5,72 13.172 (1) In this section, “agency" means an office, department, agency,
3institution of higher education, association, society, or other body in state
4government created or authorized to be created by the constitution or any law, that
5is entitled to expend moneys appropriated by law, including the legislature and the
6courts, and any authority created in subch. II of ch. 114 or in ch. 231, 233, 234, 238,
7239, or 279.
AB811-SSA2,2 8Section 2 . 13.48 (13) (a) of the statutes is amended to read:
AB811-SSA2,5,219 13.48 (13) (a) Except as provided in par. (b) or (c), every building, structure or
10facility that is constructed for the benefit of or use of the state, any state agency,
11board, commission or department, the University of Wisconsin Hospitals and Clinics
12Authority, the Fox River Navigational System Authority, the Wisconsin Student
13Loan Refinancing Authority,
the Wisconsin Economic Development Corporation, or
14any local professional baseball park district created under subch. III of ch. 229 if the
15construction is undertaken by the department of administration on behalf of the
16district, shall be in compliance with all applicable state laws, rules, codes and
17regulations but the construction is not subject to the ordinances or regulations of the
18municipality in which the construction takes place except zoning, including without
19limitation because of enumeration ordinances or regulations relating to materials
20used, permits, supervision of construction or installation, payment of permit fees, or
21other restrictions.
AB811-SSA2,3
1Section 3. 13.62 (2) of the statutes is amended to read:
AB811-SSA2,6,52 13.62 (2) “Agency" means any board, commission, department, office, society,
3institution of higher education, council, or committee in the state government, or any
4authority created in subch. II of ch. 114 or in ch. 231, 232, 233, 234, 237, 238, 239,
5or 279, except that the term does not include a council or committee of the legislature.
AB811-SSA2,4 6Section 4 . 13.94 (1) (dt) of the statutes is created to read:
AB811-SSA2,6,117 13.94 (1) (dt) Biennially, beginning in 2019, conduct a financial audit of the
8Wisconsin Student Loan Refinancing Authority and a program evaluation audit of
9the programs administered by the Wisconsin Student Loan Refinancing Authority
10under ch. 239. The legislative audit bureau shall file a copy of each audit report
11under this paragraph with the distributees specified in par. (b).
AB811-SSA2,5 12Section 5 . 13.94 (1s) (c) 9. of the statutes is created to read:
AB811-SSA2,6,1413 13.94 (1s) (c) 9. The Wisconsin Student Loan Refinancing Authority for the cost
14of the audit required to be performed under sub. (1) (dt).
AB811-SSA2,6 15Section 6 . 13.94 (4) (a) 1. of the statutes is amended to read:
AB811-SSA2,7,716 13.94 (4) (a) 1. Every state department, board, examining board, affiliated
17credentialing board, commission, independent agency, council or office in the
18executive branch of state government; all bodies created by the legislature in the
19legislative or judicial branch of state government; any public body corporate and
20politic created by the legislature including specifically the Fox River Navigational
21System Authority, the Lower Fox River Remediation Authority, the Wisconsin
22Aerospace Authority, the Wisconsin Student Loan Refinancing Authority, the
23Wisconsin Economic Development Corporation, a professional baseball park district,
24a local professional football stadium district, a local cultural arts district, and a
25long-term care district under s. 46.2895; every Wisconsin works agency under subch.

1III of ch. 49; every provider of medical assistance under subch. IV of ch. 49; technical
2college district boards; every county department under s. 51.42 or 51.437; every
3nonprofit corporation or cooperative or unincorporated cooperative association to
4which moneys are specifically appropriated by state law; and every corporation,
5institution, association or other organization which receives more than 50 percent
6of its annual budget from appropriations made by state law, including subgrantee or
7subcontractor recipients of such funds.
AB811-SSA2,7 8Section 7 . 13.95 (intro.) of the statutes is amended to read:
AB811-SSA2,7,21 913.95 Legislative fiscal bureau. (intro.) There is created a bureau to be
10known as the “Legislative Fiscal Bureau" headed by a director. The fiscal bureau
11shall be strictly nonpartisan and shall at all times observe the confidential nature
12of the research requests received by it; however, with the prior approval of the
13requester in each instance, the bureau may duplicate the results of its research for
14distribution. Subject to s. 230.35 (4) (a) and (f), the director or the director's
15designated employees shall at all times, with or without notice, have access to all
16state agencies, the University of Wisconsin Hospitals and Clinics Authority, the
17Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the
18Wisconsin Student Loan Refinancing Authority,
the Wisconsin Economic
19Development Corporation, and the Fox River Navigational System Authority, and to
20any books, records, or other documents maintained by such agencies or authorities
21and relating to their expenditures, revenues, operations, and structure.
AB811-SSA2,8 22Section 8 . 16.002 (2) of the statutes is amended to read:
AB811-SSA2,8,223 16.002 (2) “Departments" means constitutional offices, departments, and
24independent agencies and includes all societies, associations, and other agencies of
25state government for which appropriations are made by law, but not including

1authorities created in subch. II of ch. 114 or in ch. 231, 232, 233, 234, 237, 238, 239,
2or 279.
AB811-SSA2,9 3Section 9 . 16.004 (4) of the statutes is amended to read:
AB811-SSA2,8,94 16.004 (4) Freedom of access. The secretary and such employees of the
5department as the secretary designates may enter into the offices of state agencies
6and authorities created under subch. II of ch. 114 and under chs. 231, 233, 234, 237,
7238, 239, and 279, and may examine their books and accounts and any other matter
8that in the secretary's judgment should be examined and may interrogate the
9agency's employees publicly or privately relative thereto.
AB811-SSA2,10 10Section 10 . 16.004 (5) of the statutes is amended to read:
AB811-SSA2,8,1411 16.004 (5) Agencies and employees to cooperate. All state agencies and
12authorities created under subch. II of ch. 114 and under chs. 231, 233, 234, 237, 238,
13239, and 279, and their officers and employees, shall cooperate with the secretary
14and shall comply with every request of the secretary relating to his or her functions.
AB811-SSA2,11 15Section 11 . 16.004 (12) (a) of the statutes is amended to read:
AB811-SSA2,8,2316 16.004 (12) (a) In this subsection, “state agency" means an association,
17authority, board, department, commission, independent agency, institution, office,
18society, or other body in state government created or authorized to be created by the
19constitution or any law, including the legislature, the office of the governor, and the
20courts, but excluding the University of Wisconsin Hospitals and Clinics Authority,
21the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the
22Wisconsin Economic Development Corporation, the Wisconsin Student Loan
23Refinancing Authority,
and the Fox River Navigational System Authority.
AB811-SSA2,12 24Section 12 . 16.045 (1) (a) of the statutes is amended to read:
AB811-SSA2,9,6
116.045 (1) (a) “Agency" means an office, department, independent agency,
2institution of higher education, association, society, or other body in state
3government created or authorized to be created by the constitution or any law, that
4is entitled to expend moneys appropriated by law, including the legislature and the
5courts, but not including an authority created in subch. II of ch. 114 or in ch. 231, 232,
6233, 234, 237, 238, 239, or 279.
AB811-SSA2,13 7Section 13 . 16.15 (1) (ab) of the statutes is amended to read:
AB811-SSA2,9,118 16.15 (1) (ab) “Authority" has the meaning given under s. 16.70 (2), but
9excludes the University of Wisconsin Hospitals and Clinics Authority, the Lower Fox
10River Remediation Authority, the Wisconsin Student Loan Refinancing Authority,
11and the Wisconsin Economic Development Corporation.
AB811-SSA2,14 12Section 14 . 16.41 (4) of the statutes is amended to read:
AB811-SSA2,9,1413 16.41 (4) In this section, “authority" means a body created under subch. II of
14ch. 114 or under ch. 231, 233, 234, 237, 238, 239, or 279.
AB811-SSA2,15 15Section 15 . 16.417 (1) (b) of the statutes is amended to read:
AB811-SSA2,9,1716 16.417 (1) (b) “Authority" means a body created under subch. II of ch. 114 or
17ch. 231, 232, 233, 234, 237, 238, 239, or 279.
AB811-SSA2,16 18Section 16 . 16.52 (7) of the statutes is amended to read:
AB811-SSA2,9,2519 16.52 (7) Petty cash account. With the approval of the secretary, each agency
20that is authorized to maintain a contingent fund under s. 20.920 may establish a
21petty cash account from its contingent fund. The procedure for operation and
22maintenance of petty cash accounts and the character of expenditures therefrom
23shall be prescribed by the secretary. In this subsection, “agency" means an office,
24department, independent agency, institution of higher education, association,
25society, or other body in state government created or authorized to be created by the

1constitution or any law, that is entitled to expend moneys appropriated by law,
2including the legislature and the courts, but not including an authority created in
3subch. II of ch. 114 or in ch. 231, 233, 234, 237, 238, 239, or 279.
AB811-SSA2,17 4Section 17 . 16.528 (1) (a) of the statutes is amended to read:
AB811-SSA2,10,105 16.528 (1) (a) “Agency" means an office, department, independent agency,
6institution of higher education, association, society, or other body in state
7government created or authorized to be created by the constitution or any law, that
8is entitled to expend moneys appropriated by law, including the legislature and the
9courts, but not including an authority created in subch. II of ch. 114 or in ch. 231, 233,
10234, 237, 238, 239, or 279.
AB811-SSA2,18 11Section 18 . 16.53 (2) of the statutes is amended to read:
AB811-SSA2,10,2012 16.53 (2) Improper invoices. If an agency receives an improperly completed
13invoice, the agency shall notify the sender of the invoice within 10 working days after
14it receives the invoice of the reason it is improperly completed. In this subsection,
15“agency" means an office, department, independent agency, institution of higher
16education, association, society, or other body in state government created or
17authorized to be created by the constitution or any law, that is entitled to expend
18moneys appropriated by law, including the legislature and the courts, but not
19including an authority created in subch. II of ch. 114 or in ch. 231, 233, 234, 237, 238,
20239, or 279.
AB811-SSA2,19 21Section 19 . 16.54 (9) (a) 1. of the statutes is amended to read:
AB811-SSA2,11,222 16.54 (9) (a) 1. “Agency" means an office, department, independent agency,
23institution of higher education, association, society or other body in state
24government created or authorized to be created by the constitution or any law, which
25is entitled to expend moneys appropriated by law, including the legislature and the

1courts, but not including an authority created in subch. II of ch. 114 or in ch. 231, 233,
2234, 237, 238, 239, or 279.
AB811-SSA2,20 3Section 20 . 16.765 (1) of the statutes is amended to read:
AB811-SSA2,11,144 16.765 (1) Contracting agencies, the University of Wisconsin Hospitals and
5Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
6Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin
7Student Loan Refinancing Authority,
the Wisconsin Economic Development
8Corporation, and the Bradley Center Sports and Entertainment Corporation shall
9include in all contracts executed by them a provision obligating the contractor not
10to discriminate against any employee or applicant for employment because of age,
11race, religion, color, handicap, sex, physical condition, developmental disability as
12defined in s. 51.01 (5), sexual orientation as defined in s. 111.32 (13m), or national
13origin and, except with respect to sexual orientation, obligating the contractor to take
14affirmative action to ensure equal employment opportunities.
AB811-SSA2,21 15Section 21 . 16.765 (2) of the statutes is amended to read:
AB811-SSA2,12,816 16.765 (2) Contracting agencies, the University of Wisconsin Hospitals and
17Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
18Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin
19Student Loan Refinancing Authority,
the Wisconsin Economic Development
20Corporation, and the Bradley Center Sports and Entertainment Corporation shall
21include the following provision in every contract executed by them: “In connection
22with the performance of work under this contract, the contractor agrees not to
23discriminate against any employee or applicant for employment because of age, race,
24religion, color, handicap, sex, physical condition, developmental disability as defined
25in s. 51.01 (5), sexual orientation or national origin. This provision shall include, but

1not be limited to, the following: employment, upgrading, demotion or transfer;
2recruitment or recruitment advertising; layoff or termination; rates of pay or other
3forms of compensation; and selection for training, including apprenticeship. Except
4with respect to sexual orientation, the contractor further agrees to take affirmative
5action to ensure equal employment opportunities. The contractor agrees to post in
6conspicuous places, available for employees and applicants for employment, notices
7to be provided by the contracting officer setting forth the provisions of the
8nondiscrimination clause".
AB811-SSA2,22 9Section 22 . 16.765 (5) of the statutes is amended to read:
AB811-SSA2,13,210 16.765 (5) The head of each contracting agency and the boards of directors of
11the University of Wisconsin Hospitals and Clinics Authority, the Fox River
12Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox
13River Remediation Authority, the Wisconsin Student Loan Refinancing Authority,
14the Wisconsin Economic Development Corporation, and the Bradley Center Sports
15and Entertainment Corporation shall be primarily responsible for obtaining
16compliance by any contractor with the nondiscrimination and affirmative action
17provisions prescribed by this section, according to procedures recommended by the
18department. The department shall make recommendations to the contracting
19agencies and the boards of directors of the University of Wisconsin Hospitals and
20Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
21Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin
22Student Loan Refinancing Authority,
the Wisconsin Economic Development
23Corporation, and the Bradley Center Sports and Entertainment Corporation for
24improving and making more effective the nondiscrimination and affirmative action

1provisions of contracts. The department shall promulgate such rules as may be
2necessary for the performance of its functions under this section.
AB811-SSA2,23 3Section 23 . 16.765 (6) of the statutes is amended to read:
AB811-SSA2,13,124 16.765 (6) The department may receive complaints of alleged violations of the
5nondiscrimination provisions of such contracts. The department shall investigate
6and determine whether a violation of this section has occurred. The department may
7delegate this authority to the contracting agency, the University of Wisconsin
8Hospitals and Clinics Authority, the Fox River Navigational System Authority, the
9Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the
10Wisconsin Student Loan Refinancing Authority,
the Wisconsin Economic
11Development Corporation, or the Bradley Center Sports and Entertainment
12Corporation for processing in accordance with the department's procedures.
AB811-SSA2,24 13Section 24 . 16.765 (7) (intro.) of the statutes is amended to read:
AB811-SSA2,13,2414 16.765 (7) (intro.) When a violation of this section has been determined by the
15department, the contracting agency, the University of Wisconsin Hospitals and
16Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
17Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin
18Student Loan Refinancing Authority,
the Wisconsin Economic Development
19Corporation, or the Bradley Center Sports and Entertainment Corporation, the
20contracting agency, the University of Wisconsin Hospitals and Clinics Authority, the
21Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the
22Lower Fox River Remediation Authority, the Wisconsin Student Loan Refinancing
23Authority,
the Wisconsin Economic Development Corporation, or the Bradley Center
24Sports and Entertainment Corporation shall:
AB811-SSA2,25 25Section 25 . 16.765 (7) (d) of the statutes is amended to read:
AB811-SSA2,14,7
116.765 (7) (d) Direct the violating party to take immediate steps to prevent
2further violations of this section and to report its corrective action to the contracting
3agency, the University of Wisconsin Hospitals and Clinics Authority, the Fox River
4Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox
5River Remediation Authority, the Wisconsin Student Loan Refinancing Authority,
6the Wisconsin Economic Development Corporation, or the Bradley Center Sports
7and Entertainment Corporation.
AB811-SSA2,26 8Section 26 . 16.765 (8) of the statutes is amended to read:
AB811-SSA2,15,29 16.765 (8) If further violations of this section are committed during the term
10of the contract, the contracting agency, the Fox River Navigational System Authority,
11the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the
12Wisconsin Student Loan Refinancing Authority,
the Wisconsin Economic
13Development Corporation, or the Bradley Center Sports and Entertainment
14Corporation may permit the violating party to complete the contract, after complying
15with this section, but thereafter the contracting agency, the Fox River Navigational
16System Authority, the Wisconsin Aerospace Authority, the Lower Fox River
17Remediation Authority, the Wisconsin Student Loan Refinancing Authority, the
18Wisconsin Economic Development Corporation, or the Bradley Center Sports and
19Entertainment Corporation shall request the department to place the name of the
20party on the ineligible list for state contracts, or the contracting agency, the Fox River
21Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox
22River Remediation Authority, the Wisconsin Student Loan Refinancing Authority,
23the Wisconsin Economic Development Corporation, or the Bradley Center Sports
24and Entertainment Corporation may terminate the contract without liability for the

1uncompleted portion or any materials or services purchased or paid for by the
2contracting party for use in completing the contract.
AB811-SSA2,27 3Section 27 . 16.85 (2) of the statutes is amended to read:
AB811-SSA2,15,134 16.85 (2) To furnish engineering, architectural, project management, and other
5building construction services whenever requisitions therefor are presented to the
6department by any agency. The department may deposit moneys received from the
7provision of these services in the account under s. 20.505 (1) (kc) or in the general
8fund as general purpose revenue — earned. In this subsection, “agency" means an
9office, department, independent agency, institution of higher education, association,
10society, or other body in state government created or authorized to be created by the
11constitution or any law, which is entitled to expend moneys appropriated by law,
12including the legislature and the courts, but not including an authority created in
13subch. II of ch. 114 or in ch. 231, 233, 234, 237, 238, 239, or 279.
AB811-SSA2,28 14Section 28 . 16.865 (8) of the statutes is amended to read:
AB811-SSA2,16,415 16.865 (8) Annually in each fiscal year, allocate as a charge to each agency a
16proportionate share of the estimated costs attributable to programs administered by
17the agency to be paid from the appropriation under s. 20.505 (2) (k). The department
18may charge premiums to agencies to finance costs under this subsection and pay the
19costs from the appropriation on an actual basis. The department shall deposit all
20collections under this subsection in the appropriation account under s. 20.505 (2) (k).
21Costs assessed under this subsection may include judgments, investigative and
22adjustment fees, data processing and staff support costs, program administration
23costs, litigation costs, and the cost of insurance contracts under sub. (5). In this
24subsection, “agency" means an office, department, independent agency, institution
25of higher education, association, society, or other body in state government created

1or authorized to be created by the constitution or any law, that is entitled to expend
2moneys appropriated by law, including the legislature and the courts, but not
3including an authority created in subch. II of ch. 114 or in ch. 231, 232, 233, 234, 237,
4238, 239, or 279.
AB811-SSA2,29 5Section 29 . 19.42 (10) (t) of the statutes is created to read:
AB811-SSA2,16,76 19.42 (10) (t) The chief executive officer and members of the board of directors
7of the Wisconsin Student Loan Refinancing Authority.
AB811-SSA2,30 8Section 30 . 19.42 (13) (q) of the statutes is created to read:
AB811-SSA2,16,109 19.42 (13) (q) The chief executive officer and members of the board of directors
10of the Wisconsin Student Loan Refinancing Authority.
AB811-SSA2,31 11Section 31. 20.005 (3) (schedule) of the statutes: at the appropriate place,
12insert the following amounts for the purposes indicated: - See PDF for table PDF
AB811-SSA2,32 13Section 32 . 20.192 (1) (b) of the statutes is created to read:
AB811-SSA2,17,3
120.192 (1) (b) Talent attraction and retention initiatives. As a continuing
2appropriation, the amounts in the schedule for the talent attraction and retention
3initiatives under s. 238.155.
AB811-SSA2,33 4Section 33 . 20.195 of the statutes is created to read:
AB811-SSA2,17,7 520.195 Wisconsin Student Loan Refinancing Authority. There is
6appropriated to the Wisconsin Student Loan Refinancing Authority for the following
7programs:
AB811-SSA2,17,11 8(1) Student loan refinancing program. (a) Initial funding. Biennially, the
9amounts in the schedule to fund the initial costs of operating the Wisconsin Student
10Loan Refinancing Authority and to start the student loan refinancing program under
11ch. 239.
AB811-SSA2,34 12Section 34 . 39.28 (7) of the statutes is created to read:
AB811-SSA2,17,1513 39.28 (7) The board shall create on its Internet site a link to that portion of the
14department of financial institutions' Internet site created under s. 224.30 (6) (c) and
15(d).
AB811-SSA2,35 16Section 35 . 39.52 of the statutes is created to read:
AB811-SSA2,18,5 1739.52 Student loan debt reports. (1) By January 1 of each year, the Board
18of Regents of the University of Wisconsin System shall provide to the board the
19average amount of student loan incurred in the previous year by resident
20undergraduate students enrolled in each institution within that system, the
21technical college system board shall provide to the board the average amount of
22student loan debt incurred in the previous year by resident undergraduate students
23enrolled in each technical college within that system, each tribally controlled college
24in this state shall provide to the board the average amount of student loan debt
25incurred in the previous year by resident undergraduate students enrolled in that

1tribally controlled college, and the Wisconsin Association of Independent Colleges
2and Universities or a successor organization shall provide to the board the average
3amount of student loan debt incurred in the previous year by resident undergraduate
4students enrolled in each of the private, nonprofit accredited institutions of higher
5education in this state.
AB811-SSA2,18,6 6(2) By March 1 of each year, the board shall do all of the following:
AB811-SSA2,18,107 (a) Compile the information provided to the board under sub. (1) and, from that
8information, compute the statewide average amount of student loan debt incurred
9in the previous year by resident undergraduate students enrolled in the institutions
10specified in sub. (1).
AB811-SSA2,18,1311 (b) Compare the amount computed under par. (a) to the national average
12amount of student loan debt incurred in the previous year by undergraduate
13students enrolled in institutions of higher education in the United States.
AB811-SSA2,18,1714 (c) Compare the amount computed under par. (a) to the statewide average
15amount of student loan debt incurred in the previous year by undergraduate
16students in the state with the lowest ratio of statewide average student loan debt to
17the lowest quintile of state per capita income.
AB811-SSA2,18,2218 (d) Submit to the joint committee on finance a report regarding student loan
19debt incurred in the previous year by resident undergraduate students at the
20institutions specified in sub. (1). The report shall include the information provided
21to the board under sub. (1), the statewide average amount of student loan debt
22computed under par. (a), and the comparisons described in pars. (b) and (c).
AB811-SSA2,36 23Section 36 . 39.54 of the statutes is created to read:
AB811-SSA2,19,5 2439.54 Student lending transparency. (1) In this section, “institution of
25higher education" means an institution or college campus within the University of

1Wisconsin System, a technical college within the technical college system, a tribally
2controlled college, or a private, nonprofit institution of higher education located in
3this state that provides an educational program for which the institution awards an
4associate degree or higher or provides a program that is acceptable toward such a
5degree.
AB811-SSA2,19,8 6(2) Each institution of higher education shall provide to a prospective or newly
7accepted student and to the student's parents clearly outlined and
8easy-to-understand information pertaining to all of the following:
AB811-SSA2,19,99 (a) The total cost of attendance at the institution of higher education.
AB811-SSA2,19,1410 (b) The approximate or, if known, the actual total amount of financial aid that
11the student would receive from the institution of higher education, and the
12approximate or, if known, the actual total amount of student loan debt that the
13student would accumulate, over the course of 4 years if the student were to attend
14the institution of higher education for 4 years.
AB811-SSA2,19,1715 (c) Student loan rates, repayment plans, default rates, and the actual monthly
16payment that would be required to pay the student loan debt described in par. (b)
17when the loan becomes due.
AB811-SSA2,19,20 18(3) Each institution of higher education shall create on its Internet site a link
19to that portion of the department of financial institutions' Internet site created under
20s. 224.30 (6) (c) and (d).
AB811-SSA2,37 21Section 37 . 39.56 of the statutes is created to read:
AB811-SSA2,20,2 2239.56 Loan counseling. (1) Definition. In this section, “institution of higher
23education" means an institution or college campus within the University of
24Wisconsin System, a technical college under ch. 38, or any private, nonprofit,

1educational institution located in this state that provides an educational program for
2which it awards an associate degree or higher.
AB811-SSA2,20,6 3(2) Applicability. This section applies to any student loan offered by an
4institution of higher education or a private lender or recommended to a student by
5an institution of higher education, other than a federally funded, federally insured,
6or federally guaranteed loan for which counseling is required by 20 USC 1092.
AB811-SSA2,20,14 7(3) Entrance counseling. (a) Before a student enters into a student loan
8agreement, an institution of higher education shall provide the student with
9comprehensive information on the terms and conditions of a loan and the
10responsibilities the student has with respect to the loan. The institution shall
11provide the information during a counseling session conducted in person, on a
12written form provided to the student that the student signs and returns, or online,
13with the student acknowledging receipt of the information. The information
14provided shall include all of the following:
AB811-SSA2,20,1615 1. To the extent practicable, the effect of accepting the loan to be disbursed on
16the eligibility of the borrower for other forms of student financial assistance.
AB811-SSA2,20,1817 2. How interest accrues and is capitalized during periods when the interest is
18not paid by the borrower.
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