House Bill No. by Representative Bamburg proposes the enactment of R.S. 17:5004, which establishes a repayment requirement for recipients of the Taylor Opportunity Program for Students (TOPS) awards under specific circumstances. According to the proposed law, students must repay the award amounts if their awards are suspended or canceled due to failure to meet eligibility requirements, such as maintaining a minimum GPA or making steady academic progress. The bill mandates the Board of Regents to create rules for implementing these repayment provisions, including methods for collecting owed amounts and interest.

Additionally, the proposed law outlines exceptions to the repayment requirement, which include various circumstances such as parental leave, disabilities, military service, and natural disasters, among others. These exceptions will have defined criteria and maximum durations as determined by the Board of Regents. The provisions of this bill will apply to students graduating from high school during or after the 2025-2026 school year.