Bill > H3348

This bill amends South Carolina state law by creating a new section in the state code that establishes a student loan forgiveness program specifically for registered nurses and doctors practicing in South Carolina. Under the proposed legislation, all registered nurses and doctors working in the state will be eligible to apply for student loan forgiveness, with the specific guidelines and application process to be determined by the relevant state department. The bill requires the General Assembly to annually appropriate funds from the state's general fund to support this loan forgiveness program. The department responsible for administering the program is tasked with creating and publishing detailed guidelines and procedures on its website, and with developing the necessary regulations to implement the student loan forgiveness initiative. The bill will take effect immediately upon receiving the Governor's approval, providing a potential financial relief mechanism for healthcare professionals in the state.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=3348&session=126&summary=B