Bill > H0485

This bill adds to existing law to establish a student loan compensation program for nurses employed at Idaho state veterans homes. The key provisions of the bill include: 1. Creating a student loan compensation program for nurses employed at Idaho state veterans homes, to be overseen by the Division of Veterans Services administrator with advice from the Idaho Veterans Affairs Commission. 2. Allowing for loan repayment disbursements, subject to appropriation, to be limited to the repayment of outstanding student loans accrued prior to the nurse's current employment. 3. Requiring nurses to enter into an agreement with the Division each year a loan repayment disbursement is offered, including disclosing their current student loan balance, affirming they have met minimum service hours and performance standards, and confirming prior disbursements were used to pay outstanding student loans. 4. Limiting the loan repayment disbursements to a period of 5 years, with a single yearly reimbursement not to exceed $5,000 per eligible nurse. Overall, this bill aims to provide student loan relief as a means of recruiting and retaining nurses at Idaho's state veterans homes.

Justice, Transportation and Infrastructure

Transportation and Defense Committee (House)

https://legislature.idaho.gov/sessioninfo/2020/legislation/H0485/