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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB4940 Introduced 2/7/2024, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED: | | | Creates the Loan Repayment Assistance for Optometrists Act. Provides that the Department of Public Health shall establish an educational loan repayment assistance program for optometrists who practice in this State to increase the total number of optometrists in this State. Provides that, beginning July 1, 2025, the Department shall, each year, consider applications for assistance under the program; sets forth other provisions concerning applications for assistance. Provides that an applicant is eligible for assistance if, among other qualifications, the applicant is practicing full time in this State as an optometrist, is currently repaying educational loans, and agrees to continue full time practice in this State for at least 3 years. Provides that for each year that a qualified applicant practices full time in this State as an optometrist, the Department shall award a grant to that person in an amount equal to the amount in educational loans that the person must repay that year; specifies other grant requirements. Sets forth provisions concerning administration, rulemaking, appropriations, and a penalty for the failure to fulfill the work obligation. Effective January 1, 2025. |
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| | A BILL FOR |
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| | HB4940 | | LRB103 36389 RJT 66490 b |
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1 | | AN ACT concerning education. |
2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly: |
4 | | Section 1. Short title. This Act may be cited as the Loan |
5 | | Repayment Assistance for Optometrists Act. |
6 | | Section 5. Purpose. The purpose of this Act is to |
7 | | establish a program in the Department of Public Health to |
8 | | increase the total number of optometrists in this State by |
9 | | providing educational loan repayment assistance grants to |
10 | | optometrists. |
11 | | Section 10. Definitions. In this Act, unless the context |
12 | | otherwise requires: |
13 | | "Department" means the Department of Public Health. |
14 | | "Educational loans" means higher education student loans |
15 | | that a person has incurred in attending an approved |
16 | | professional optometric education program. |
17 | | "Optometrist" means a person licensed under the Illinois |
18 | | Optometric Practice Act of 1987 to practice optometry. |
19 | | "Program" means the educational loan repayment assistance |
20 | | program for optometrists established by the Department under |
21 | | this Act. |