Bill > HB720

This bill modifies the existing Health Professional Student Loan Repayment Program, renaming it the Missouri State Loan Repayment Program (MOSLRP). The revised program expands eligibility beyond specific medical professions to include graduates from various accredited graduate training programs designated by the health department, while aligning with National Health Service Corps guidelines. Key provisions include establishing a loan repayment fund in the state treasury, creating a process for designating areas of defined need (such as healthcare professional shortage areas), and setting standards for eligible participants. The program will provide loan repayments for tuition, fees, books, and living expenses, with payments up to the maximum amount allowed by the National Health Service Corps Loan Repayment Program. Participants must be U.S. citizens or permanent residents, practice in designated need areas, and commit to serving in those areas. If participants breach their contract by not beginning or completing their service obligation, they may be required to repay the state for all funds received, plus interest and potential damages. The bill also mandates that at least 35% of appropriated funds be designated for primary care physicians and general dentists, with any unused funds made available to other designated health professions.