NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A7476
SPONSOR: Pretlow TITLE OF BILL:
An act to amend the education law, in relation to funding of physician
loan forgiveness programs
SUMMARY OF SPECIFIC PROVISIONS:
Amends Section 605 of the Education Law:
- Subdivision 9 to add a new paragraph g. to assign a priority to the
use of unspent funds from the regents health care professional opportu-
nity scholarship program by providing that such funds are to be directed
to physicians who are economically disadvantaged and/or members of an
underrepresented minority, with service payback in places where physi-
cians shortages exist;
- Subdivision 10, to amend .the opening paragraph, to provide that
unused scholarship funds from subdivision 9 are to be applied to the
regents physician loan forgiveness program.
JUSTIFICATION:
Currently, unspent funds from the regents' health care professional
opportunity scholarships are permitted to be applied to non-health care
regents professional scholarships. This measure would keep those funds
allocated to a health care purpose by requiring them to be applied to
the regents physician loan forgiveness program.
PRIOR LEGISLATIVE HISTORY:
01/03/24 A4695 referred to Higher Education
02/22/23 A4695 referred to Higher Education
2021-2022 A1799 referred to Higher Education
2019/2020 A2874 referred to higher education
2017/2018 A1572 referred to higher education
2016/2015 A2526 referred to higher education
2014-2013 A3967 referred to higher education
2012-2011 A2690 referred to higher education
2009/2010 A3721 referred to higher education
FISCAL IMPLICATIONS:
None
EFFECTIVE DATE:
This act shall take effect immediately, provided that the amendments to
subdivisions 9 and 10 of section 605 of the education law, made by
sections one and two of this act, shall not affect the termination of
such program and scholarship respectively pursuant to section 17 of
chapter 31 of the laws of 1985, as amended, and such program and schol-
arship shall terminate therewith.
