The act repeals a provision that the method of repayment of linked deposit loans shall be the same as the method of repayment of loans made pursuant to the Missouri Guaranteed Student Loan Program, which is also repealed in the act. Instead, the act provides that the method of repayment of linked deposit loans shall be determined at the discretion of the eligible lending institution but shall be limited to a repayment method authorized by the federal government for the repayment of federal direct student loans. (Sections 30.756 and 173.095 to 173.187)

The act repeals certain provisions of law relating to the duties of DHEWD, including duties pertaining to the following requirements and programs:

- The Career Readiness Course Task Force (Section 167.910);

- Graduate student teaching assignments (Section 170.012);

- The Missouri Guaranteed Student Loan Program, the State Guaranty Student Loan Fund, and the Lender of Last Resort Revolving Fund (Sections 173.095 to 173.187);

- The Vietnam Veterans Survivors Grant (Section 173.236);

- The Marguerite Ross Barnett Memorial Scholarship (Section 173.262);

- The International Economic Development Exchange Program and corresponding advisory committee (Sections 173.264 and 173.265);

- Higher education faculty hiring practices (Section 173.475);

- The Advantage Missouri Program (Sections 173.775 to 173.796); and

- The Missouri Youth Service and Conservation Corps and corresponding fund in the state treasury (Sections 620.552 to 620.574).

The act repeals provisions transferring certain duties relating to workforce development to the Department of Economic Development. (Section 620.010)

Finally, the act modifies the "Show-Me Heroes" "Missouri Heroes Connect Program" administered by DHEWD by removing "Show-Me Heroes" from the name of such program and by repealing the provision that services shall be available to a National Guard serviceperson for up to five years of discharge from deployment. (Section 620.515)

This act is similar to SB 1371 (2024).

OLIVIA SHANNON