Section 39-2503 - [Repealed 6/30/2029] RURAL NURSING LOAN REPAYMENT FUNDThere is hereby established in the state treasury a rural nursing loan repayment fund to be administered by the department. Moneys in the fund shall:
(1) Be subject to appropriation by the legislature to pay for: (a) The educational debts of nurses in rural and underserved areas of the state that demonstrate a need for assistance in nursing recruitment and retention; and(b) The expenses of administering the rural nursing loan repayment program, which expenses shall not exceed ten percent (10%) of the annual appropriation by the legislature; and(2) Consist of: (a) Legislative appropriations;(b) Health care industry contributions, private donations, and federal funds as available; and(c) Interest earned on idle moneys in the fund.Added by 2023 Session Laws, ch. 60,sec. 1, eff. 7/1/2023.