A2668-2011 Actions

• Jan 19, 2011: referred to higher education

A2668-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         2668
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 January 19, 2011
 
 Introduced  by  M.  of  A.  SCHROEDER  --  read once and referred to the
 Committee on Higher Education
 

AN ACT to amend the public health law, in relation to  establishing  the
 nurse practitioner loan repayment program
 

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1.

Section 2807-m of the  public  health  law  is  amended  by
 adding a new subdivision 5-c to read as follows:

 5-C.  NURSE PRACTITIONER LOAN REPAYMENT PROGRAM. (A) BEGINNING JANUARY
 FIRST, TWO THOUSAND  TWELVE,  THE  COMMISSIONER  IS  AUTHORIZED,  WITHIN
 AMOUNTS  AVAILABLE  PURSUANT  TO  SUBDIVISION FIVE-A OF THIS SECTION, TO
 MAKE LOAN REPAYMENT AWARDS:

 (I) TO NURSE PRACTITIONERS OR OTHER  NURSE  PRACTITIONER  SPECIALITIES
 DETERMINED  BY THE COMMISSIONER TO BE IN SHORT SUPPLY, LICENSED TO PRAC
 TICE NURSING IN NEW YORK STATE, WHO AGREE TO PRACTICE FOR AT LEAST  FIVE
 YEARS  IN  AN UNDERSERVED AREA, AS DETERMINED BY THE COMMISSIONER.  SUCH
 NURSE PRACTITIONER SHALL BE ELIGIBLE FOR A LOAN REPAYMENT AWARD OF UP TO
 ONE HUNDRED FIFTY THOUSAND DOLLARS OVER A FIVE YEAR  PERIOD  DISTRIBUTED
 AS  FOLLOWS:  FIFTEEN  PERCENT  OF  TOTAL LOAN DEBT NOT TO EXCEED TWENTY
 THOUSAND DOLLARS FOR THE FIRST YEAR; FIFTEEN PERCENT OF TOTAL LOAN  DEBT
 NOT  TO  EXCEED TWENTY-FIVE THOUSAND DOLLARS FOR THE SECOND YEAR; TWENTY
 PERCENT OF TOTAL LOAN DEBT NOT TO EXCEED  THIRTY-FIVE  THOUSAND  DOLLARS
 FOR  THE  THIRD  YEAR; AND TWENTY-FIVE PERCENT OF TOTAL LOAN DEBT NOT TO
 EXCEED THIRTY-FIVE THOUSAND DOLLARS PER YEAR FOR THE  FOURTH  AND  FIFTH
 YEARS OF PRACTICE IN SUCH AREA; AND
 (II)  TO GENERAL HOSPITALS AND OTHER HEALTH CARE PROVIDERS TO ADMINIS
 TER AS PART OF THEIR RECRUITMENT PACKAGES; PROVIDED THE  LOAN  REPAYMENT
 AWARDS  SHALL  BE  ADMINISTERED  CONSISTENT  WITH THE PROVISIONS OF THIS
 SUBDIVISION.
 (B) LOAN REPAYMENT AWARDS MADE TO A  NURSE  PRACTITIONER  PURSUANT  TO
 PARAGRAPH  (A) OF THIS SUBDIVISION SHALL NOT EXCEED THE TOTAL QUALIFYING
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06843-01-1
 
       A. 2668                             2
 OUTSTANDING DEBT OF THE NURSE PRACTITIONER FROM STUDENT LOANS  TO  COVER
 TUITION AND OTHER RELATED EDUCATIONAL EXPENSES, MADE BY OR GUARANTEED BY
 THE  FEDERAL  OR  STATE  GOVERNMENT, OR MADE BY A LENDING OR EDUCATIONAL
 INSTITUTION APPROVED UNDER TITLE IV OF THE FEDERAL HIGHER EDUCATION ACT.
 LOAN  REPAYMENT  AWARDS  SHALL  BE USED SOLELY TO REPAY SUCH OUTSTANDING
 DEBT.
 (C) ANY RECIPIENT OF FUNDS PURSUANT TO THIS SUBDIVISION WHO  PRACTICES
 LESS THAN TWO YEARS IN AN UNDERSERVED AREA, AS DETERMINED BY THE COMMIS
 SIONER,  SHALL  REPAY  ALL FUNDS PAID IN AMOUNTS TO BE DETERMINED BY THE
 COMMISSIONER PURSUANT TO THIS SUBDIVISION, AND SHALL NO LONGER BE ELIGI
 BLE FOR FUTURE PAYMENTS UNDER THIS SUBDIVISION.  THE  RATE  OF  INTEREST
 APPLIED  SHALL  BE  DETERMINED BY THE COMMISSIONER, BUT WILL NOT BE LESS
 THAN THE RATE OF INTEREST  SET  BY  THE  COMMISSIONER  OF  TAXATION  AND
 FINANCE WITH RESPECT TO UNDERPAYMENTS OF PERSONAL INCOME TAX PURSUANT TO
 SECTION SIX HUNDRED EIGHTY-FOUR OF THE TAX LAW.
 (D)  THE  COMMISSIONER  IS AUTHORIZED TO APPLY ANY FUNDS AVAILABLE FOR
 PURPOSES OF PARAGRAPH (A) OF THIS SUBDIVISION FOR USE AS MATCHING  FUNDS
 FOR FEDERAL GRANTS FOR THE PURPOSE OF ASSISTING STATES IN OPERATING LOAN
 REPAYMENT  PROGRAMS  PURSUANT TO SECTION THREE HUNDRED THIRTY-EIGHT I OF
 THE PUBLIC HEALTH SERVICE ACT.
 (E) THE COMMISSIONER MAY, IN HIS OR  HER  SOLE  DISCRETION,  POSTPONE,
 CHANGE  OR WAIVE THE SERVICE OBLIGATION SET FORTH IN SUBPARAGRAPH (I) OF
 PARAGRAPH (A) OF THIS SUBDIVISION.
 

S 2. This act shall take effect immediately.

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