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IN HB1573

IN HB1573
Repayment of medical school loans.


summary

Introduced
01/19/2023
In Committee
01/19/2023
Crossed Over
Passed
Dead
04/28/2023

Introduced Session

2023 Regular Session

Bill Summary

Repayment of medical school loans. Requires the Indiana department of health (department) to establish and administer a medical school loan forgiveness pilot program (program) for the purpose of attracting physicians to practice medicine in Indiana. Establishes the medical school loan forgiveness fund (fund). Sets forth criteria for the program. Requires the department to, not later than November 1, 2024, and each November 1 thereafter, prepare and submit a report to the general assembly regarding the program. Makes an appropriation to the fund.

AI Summary

This bill establishes a medical school loan forgiveness pilot program in Indiana to attract physicians to practice medicine in certain counties. The Indiana Department of Health will administer the program, which will provide up to $200,000 in loan repayment assistance to eligible physicians who commit to practicing medicine full-time for 10 years in designated counties. The bill creates a medical school loan forgiveness fund to support the program and appropriates $1.2 million for the 2023-2025 biennium. The department is required to submit annual reports on the status and outcomes of the pilot program.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Representative Porter added as coauthor (on 01/24/2023)

bill text


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