TITLE 39

HEALTH AND SAFETY

CHAPTER 25

RURAL NURSING LOAN REPAYMENT PROGRAM [EFFECTIVE UNTIL JUNE 30, 2029]

39-2503.  RURAL NURSING LOAN REPAYMENT FUND. [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.

History:

[39-2503, added 2023, ch. 60, sec. 1, p. 219.]