House File 2432 - Introduced HOUSE FILE BY STRUYK Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act establishing a rural community dentist loan repayment 2 program and fund. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6009YH 82 5 kh/nh/24 PAG LIN 1 1 Section 1. NEW SECTION. 261.23A RURAL COMMUNITY DENTIST 1 2 LOAN REPAYMENT PROGRAM == FUND. 1 3 1. A rural community dentist loan repayment program is 1 4 established to be administered by the college student aid 1 5 commission for dentists who agree to practice in an eligible 1 6 rural community in this state. 1 7 2. A dentist who graduated from the university of Iowa 1 8 college of dentistry shall be eligible for the rural community 1 9 dentist loan repayment program if the dentist agrees to 1 10 practice in an eligible rural community in this state. The 1 11 university of Iowa college of dentistry shall recruit and 1 12 place dentists in rural communities that have agreed to 1 13 provide additional funds for the dentist's loan repayment. 1 14 The contract for the loan repayment shall stipulate the time 1 15 period the dentist shall practice in an eligible rural 1 16 community in this state and shall also stipulate that the 1 17 dentist repay any funds paid on the dentist's loan by the 1 18 commission if the dentist fails to practice in an eligible 1 19 rural community in this state for the required period of time. 1 20 3. For purposes of this subsection, "eligible rural 1 21 community" means a rural community in this state underserved 1 22 by dentists that agrees to match state funds provided on at 1 23 least a dollar=for=dollar basis for the loan repayment of a 1 24 dentist who practices in the eligible rural community. 1 25 4. A rural community dentist loan repayment fund is 1 26 created in the state treasury as a separate fund under the 1 27 control of the commission. The fund is created for deposit of 1 28 moneys appropriated to or received by the commission for use 1 29 under the program. Notwithstanding section 8.33, any balance 1 30 in the fund on June 30 of any fiscal year shall not revert to 1 31 the general fund of the state but shall remain in the fund for 1 32 additional loan repayment in accordance with this section. 1 33 Notwithstanding section 12C.7, subsection 2, interest or 1 34 earnings on moneys in the rural community dentist loan 1 35 repayment fund shall be credited to the fund. 2 1 5. The commission shall adopt rules pursuant to chapter 2 2 17A to administer this section. 2 3 EXPLANATION 2 4 This bill establishes a rural community dentist loan 2 5 repayment program to be administered by the college student 2 6 aid commission for dentists who graduated from the university 2 7 of Iowa college of dentistry and who agree to serve in 2 8 eligible rural communities for a time agreed to by the dentist 2 9 and the commission. An eligible rural community is a rural 2 10 community underserved by dentists that agrees to match state 2 11 funds provided for the dentist's loans on at least a $1=for=$1 2 12 basis. 2 13 The rural community dentist loan repayment fund is created 2 14 in the state treasury as a separate fund under the control of 2 15 the commission. The fund is created for deposit of moneys 2 16 appropriated to or received by the commission for use under 2 17 the program. Moneys in the fund do not revert to the general 2 18 fund but remain in the fund for additional rural community 2 19 dentist loan repayment. Interest or earnings on moneys in the 2 20 fund are credited to the fund. 2 21 LSB 6009YH 82 2 22 kh/nh/24