Bill > H115

This bill proposes a pilot program to provide low-interest loans of up to $10,000 to 30 individuals in the Commonwealth to assist with expenses incurred due to a child being diagnosed with a terminal illness. The Department of Health and Human Services will administer the program, set the loan terms, and define "terminal illness" as an illness likely to cause death within six months. Loan recipients must provide receipts and other documentation to verify expenditures, and repayment will begin one year after the loan is issued, with a 15% interest rate applied for any non-compliance with the loan agreement.