Idaho § 39-2503 RURAL NURSING LOAN REPAYMENT FUND

Idaho Statutes

§ 39-2503 — RURAL NURSING LOAN REPAYMENT FUND

Idaho·Title 39 HEALTH AND SAFETY·Ch. 25 RURAL NURSING LOAN REPAYMENT PROGRAM [EFFECTIVE UNTIL JUNE 30, 2029]

[EFFECTIVE UNTIL JUNE 30, 2029] There is hereby established in the state treasury a rural nursing loan repayment fund to be administered by the department. Moneys in the fund shall:

(1)Be subject to appropriation by the legislature to pay for:

(a)The educational debts of nurses in rural and underserved areas of the state that demonstrate a need for assistance in nursing recruitment and retention; and

(b)The expenses of administering the rural nursing loan repayment program, which expenses shall not exceed ten percent (10%) of the annual appropriation by the legislature; and

(2)Consist of:

(a)Legislative appropriations;

(b)Health care industry contributions, private donations, and federal funds as available; and

(c)Interest earned on idle moneys in the fund.

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[EFFECTIVE UNTIL JUNE 30, 2029] There is hereby established in the state treasury a rural nursing loan repayment fund to be administered by the department. Moneys in the fund shall:
(1) Be subject to appropriation by the legislature to pay for:
(a) The educational debts of nurses in rural and underserved areas of the state that demonstrate a need for assistance in nursing recruitment and retention; and
(b) The expenses of administering the rural nursing loan repayment program, which expenses shall not exceed ten percent (10%) of the annual appropriation by the legislature; and
(2) Consist of:
(a) Legislative appropriations;
(b) Health care industry contributions, private donations, and federal funds as available; and
(c) Interest earned on idle moneys in the fund.

Idaho § 39-2503 (RURAL NURSING LOAN REPAYMENT FUND) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.