Text: HF00435 Text: HF00437 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. COLLEGE STUDENT AID COMMISSION – SENIOR LIVING
1 2 TRUST FUND. There is appropriated from the senior living
1 3 trust fund created in section 249H.4 to the college student
1 4 aid commission for the fiscal year beginning July 1, 2003, and
1 5 ending June 30, 2004, the following amount, or so much thereof
1 6 as is necessary, to be used for the purpose designated,
1 7 notwithstanding section 249H.4 or any other provision of law
1 8 to the contrary:
1 9 For loan repayments under the registered nurse loan
1 10 repayment program pursuant to section 261.23, subsection 4:
1 11 .................................................. $ 500,000
1 12 From the funds appropriated in this section, the commission
1 13 shall use not less than $100,000 for purposes of loan
1 14 repayments to eligible registered nurses who hold graduate
1 15 degrees in nursing and are employed in this state as
1 16 instructors or professors by the college of nursing of an
1 17 accredited higher education institution as defined in section
1 18 261.92. Notwithstanding section 261.23, subsection 4, or any
1 19 contract entered into pursuant to that subsection, the
1 20 provisions requiring the eligible registered nurse to agree to
1 21 practice in an eligible community in this state that has
1 22 agreed to provide additional funds for the registered nurse's
1 23 loan repayment shall not apply to this paragraph. However,
1 24 the registered nurse shall repay any funds paid on the
1 25 registered nurse's loan by the commission if the registered
1 26 nurse fails to be employed as an instructor or professor as
1 27 required by this paragraph for the period of time required
1 28 under the contract for loan repayment entered into pursuant to
1 29 section 261.23, subsection 4.
1 30 EXPLANATION
1 31 This bill appropriates $500,000 from the senior living
1 32 trust fund to the college student aid commission for the 2003-
1 33 2004 fiscal year for loan repayments under the registered
1 34 nurse loan repayment program, and stipulates that of the
1 35 moneys appropriated, not less than $100,000 must be used to
2 1 make loan repayments to eligible registered nurses who hold
2 2 graduate degrees in nursing and are employed in this state as
2 3 instructors or professors by the college of nursing of an
2 4 accredited higher education institution.
2 5 LSB 2840YH 80
2 6 kh/cl/14
Text: HF00435 Text: HF00437 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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