Illinois General Assembly - Full Text of HB3653
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Full Text of HB3653  95th General Assembly


Insurance Committee

Filed: 3/20/2007





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2     AMENDMENT NO. ______. Amend House Bill 3653 by replacing
3 everything after the enacting clause with the following:
4     "Section 1. Short title. This Act may be cited as the
5 Medical School Loan Repayment Program Act.
6     Section 5. Definitions. As used in this Act:
7     "Department " means the Department of Public Health.
8     "Low-income area" means an area or neighborhood in this
9 State where a majority of residents are at or below 300% of the
10 federal poverty level.
11     Section 10. Loan Repayment Program.
12     (a) The Department shall establish a Loan Repayment Program
13 for physicians licensed to practice medicine in all of its
14 branches who agree to practice in low-income areas. In order to
15 qualify for the Loan Repayment Program, the physician must



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1 agree to practice in a low-income area for a contractual period
2 of at least 3 years, but no longer than 5 years. A physician
3 participating in the Loan Repayment Program shall receive
4 $10,000 per year for the contractual period to be used towards
5 the repayment of student loans for medical school. The Medical
6 School Loan Repayment Fund is created as a special fund in the
7 State treasury. Moneys in the Fund shall be used, subject to
8 appropriation, by the Department to finance the Loan Repayment
9 Program.
10     (b) The Department must do the following:
11         (1) develop and make available application forms for
12     assistance under this Act;
13         (2) administer use of moneys in the Medical School Loan
14     Repayment Fund; and
15         (3) exercise all powers necessary to implement this
16     Act, including adopting rules.
17     (c) If funding available from the Medical School Loan
18 Repayment Fund is insufficient to provide assistance to all
19 physicians who apply for loan repayment assistance under this
20 Act, the Department may, at its discretion, reduce the payments
21 to each eligible physician by a pro rata amount in a manner
22 designed to maximize the number of physicians who may receive
23 loan repayment assistance under this Act.
24     (d) In addition to any other civil or criminal penalties
25 that may be imposed by law, any physician who fails or refuses
26 to fulfill the terms required under this Section is in breach



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1 of the contract. The Department may obtain the assistance of
2 the Attorney General to recoup the amount of assistance
3 provided under the contract together with attorney fees and
4 other costs of collection.
5     Section 90. The State Finance Act is amended by adding
6 Section 5.675 as follows:
7     (30 ILCS 105/5.675 new)
8     Sec. 5.675. The Medical School Loan Repayment Fund.".