| Date Requested:February 12, 2008 Time Requested:12:25 PM |
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| FUND(S) | |||
|---|---|---|---|
Sources of Revenue | |||
| Other Fund Tuition | |||
Legislation creates:
Neither Program nor Fund | |||
Effect this measure will have on costs and revenues of state government.
| The fiscal impact would be insignificant. The intent is to cancel up to $10,000 of outstanding loan or loans for every twelve consecutive calender months to health professionsals that have rendered services as a medical doctor of osteopathy in this state in a medically underserved area or in a medical speciality in which there is a shortage of physicians. Current law is $5,000 that can be canceled and the increase of $5,000 would match the maxium annual amount of $10,000 that can be loaned. This legislation will correct an inequity in the law by matching annual loan forgiveness to annual loan award amounts. |
| Over-all effect |
| Effect of Proposal | Fiscal Year | ||
|---|---|---|---|
| 2008 Increase/Decrease (use"-") |
2009 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) | |
| 1. Estmated Total Cost | 0 | 0 | 0 |
| Personal Services | 0 | 0 | 0 |
| Current Expenses | 0 | 0 | 0 |
| Repairs and Alterations | 0 | 0 | 0 |
| Assets | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| 2. Estimated Total Revenues | 0 | 0 | 0 |
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3. Explanation of above estimates (including long-range effect):
|