Bill
Bill > A07476
NY A07476
NY A07476Transfers any unspent funds from the regents health care professional opportunity scholarship program to the regents physician loan forgiveness program; provides direction to distribute these funds to meet the same purposes as originally intended.
summary
Introduced
03/28/2025
03/28/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the education law, in relation to funding of physician loan forgiveness programs
AI Summary
This bill modifies the existing Regents Health Care Professional Opportunity Scholarship program by redirecting any unused scholarship funds to the Regents Physician Loan Forgiveness program. Specifically, the bill allows any unspent allocations from the scholarship program to be redistributed to the loan forgiveness program, with priority given to economically disadvantaged physicians and/or members of underrepresented minority groups. The transferred funds must be used to support physicians who will provide services in areas designated as having a physician shortage, with a particular focus on primary care services. The bill aims to ensure that funds originally intended to support healthcare professionals' education can still be used to address healthcare workforce needs, even if not all scholarship funds are initially awarded. The changes will not affect the existing termination date of the original scholarship program, maintaining the program's original timeline while providing more flexibility in fund allocation.
Committee Categories
Education
Sponsors (1)
Last Action
referred to higher education (on 01/07/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A7476 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07476&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07476 |
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