Bill

Bill > HB1068


IN HB1068

IN HB1068
Repayment of medical school loans.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 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, 2026, 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 administered by the Indiana Department of Health to attract physicians to practice medicine in Indiana. The program will select 21 physicians (seven from each of three regions: northern, central, and southern Indiana) who meet specific eligibility criteria, including being licensed to practice medicine in Indiana, providing primary care or obstetrics and gynecology services, and committing to practice full-time in an Indiana county for ten years. Participants can receive up to $200,000 in medical school loan repayment assistance, with prorated amounts awarded if they do not complete the full ten-year commitment. The program creates a new medical school loan forgiveness fund, which will be financed through state appropriations and gifts, with an initial appropriation of $4.2 million for the 2025-2027 biennium. The department is required to submit annual reports to the General Assembly about the program's status and loan repayment awards. The pilot program is set to expire on January 1, 2036, providing a structured approach to addressing physician shortages and encouraging medical professionals to serve in Indiana.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Representative Shackleford added as coauthor (on 01/13/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...