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90_SB0331enr
110 ILCS 935/10 from Ch. 144, par. 1460
Amends the Family Practice Residency Act. Provides that
a scholarship recipient who fails to fulfill his or her
designated-shortage-area practice requirement shall pay
interest at 9% per annum on the unpaid balance of the
principal amount required to be paid by the recipient as a
result of that failure.
LRB9002354THcb
SB331 Enrolled LRB9002354THcb
1 AN ACT to amend the Family Practice Residency Act by
2 changing Section 10.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Family Practice Residency Act is amended
6 by changing Section 10 as follows:
7 (110 ILCS 935/10) (from Ch. 144, par. 1460)
8 Sec. 10. Scholarship recipients who fail to fulfill the
9 obligation described in subsection (d) of Section 3.07 of
10 this Act shall pay to the Department a sum equal to 3 times
11 the amount of the annual scholarship grant for each year the
12 recipient fails to fulfill such obligation. A scholarship
13 recipient who fails to fulfill the obligation described in
14 subsection (d) of Section 3.07 shall have 30 days from the
15 date on which that failure begins in which to enter into a
16 contract with the Department that sets forth the manner in
17 which that sum is required to be paid. If the contract is
18 not entered into within that 30 day period or if the contract
19 is entered into but the required payments are not made in the
20 amounts and at the times provided in the contract, the
21 scholarship recipient also shall be required to pay to the
22 Department interest at the rate of 9% per annum on the amount
23 of that sum remaining due and unpaid. The amounts paid to the
24 Department under this Section shall be deposited into the
25 Community Health Center Care Fund and shall be used by the
26 Department to improve access to primary health care services
27 as authorized by Section 55.53(a) of the Civil Administrative
28 Code of Illinois.
29 The Department may transfer to the Illinois Development
30 Finance Authority, into an account outside the State
31 treasury, moneys in the Community Health Center Care Fund as
SB331 Enrolled -2- LRB9002354THcb
1 needed, but not to exceed an amount established, by rule, by
2 the Department to establish a reserve or credit enhancement
3 escrow account to support a financing program or a loan or
4 equipment leasing program to provide moneys to support the
5 purposes of Section 55.53(a) of the Civil Administrative Code
6 of Illinois. The disposition of moneys at the conclusion of
7 any financing program under this Section shall be determined
8 by an interagency agreement.
9 (Source: P.A. 87-655; 88-535.)