28 | 48 | | AN ACT |
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29 | 49 | | RELATING TO STUDENT LOANS; AMENDING THE HEALTH PROFESSIONAL |
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30 | 50 | | LOAN REPAYMENT ACT TO UPDATE THE REQUIREMENTS FOR RECEIVING |
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31 | 51 | | LOAN REPAYMENT. |
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32 | 52 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: |
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33 | 53 | | SECTION 1. Section 21-22D-3 NMSA 1978 (being Laws 1995, |
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34 | 54 | | Chapter 144, Section 18, as amended) is amended to read: |
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35 | 55 | | "21-22D-3. DEFINITIONS.--As used in the Health |
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36 | 56 | | Professional Loan Repayment Act: |
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37 | 57 | | A. "department" means the higher education |
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38 | 58 | | department; |
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39 | | - | B. "health professional" means a physician, |
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40 | | - | optometrist, podiatrist, physician's assistant, dentist, |
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41 | | - | nurse, member of an allied health profession as defined in |
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42 | | - | the Allied Health Student Loan for Service Act or a licensed |
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43 | | - | or certified health professional as determined by the |
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44 | | - | department; |
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45 | | - | C. "loan" means a grant of money to defray the |
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46 | | - | costs incidental to a health education, under a contract |
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47 | | - | between the federal government or a commercial lender and a |
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48 | | - | health professional, requiring either repayment of principal |
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49 | | - | and interest or repayment in services; |
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50 | | - | D. "nurse in advanced practice" means a registered |
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51 | | - | nurse, including a: HB 209 |
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52 | | - | Page 2 |
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| 59 | + | B. "health professional" means a [primary care ] |
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| 60 | + | physician, optometrist, podiatrist, physician's assistant, |
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| 61 | + | dentist, nurse, member of an allied health profession as |
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| 62 | + | defined in the Allied Health Student Loan for Service Act or a |
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| 63 | + | .224084.1 underscored material = new |
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| 64 | + | [bracketed material] = delete |
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86 | | - | osteopathic physician licensed pursuant to the Medical |
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87 | | - | Practice Act with specialty training in family medicine, |
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88 | | - | general internal medicine, obstetrics, gynecology or general |
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| 107 | + | osteopathic physician licensed pursuant to the Medical Practice |
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| 108 | + | Act with specialty training in family medicine, general |
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| 109 | + | internal medicine, obstetrics, gynecology or general |
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94 | | - | professional shall file with the higher education department |
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95 | | - | a declaration of intent to practice as a health professional |
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96 | | - | in areas of New Mexico designated as underserved by the |
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97 | | - | department. The department shall consult with the department |
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98 | | - | of health when designating areas as underserved. |
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99 | | - | B. Award criteria shall provide that: |
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100 | | - | (1) amounts shall be dependent upon the |
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101 | | - | location of the practice, the applicant's total health |
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102 | | - | professional education indebtedness and characteristics of HB 209 |
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103 | | - | Page 3 |
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| 115 | + | .224084.1 |
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| 116 | + | - 2 - underscored material = new |
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| 117 | + | [bracketed material] = delete |
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129 | | - | the practice; |
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| 143 | + | professional shall file with the higher education department a |
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| 144 | + | declaration of intent to practice as a health professional in |
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| 145 | + | areas of New Mexico designated as underserved by the |
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| 146 | + | department. The department shall consult with the department |
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| 147 | + | of health when designating areas as underserved. |
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| 148 | + | B. Award criteria shall provide that: |
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| 149 | + | (1) amounts shall be dependent upon the |
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| 150 | + | location of the practice, the applicant's total health |
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| 151 | + | professional education indebtedness and characteristics of the |
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| 152 | + | practice; |
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137 | | - | participants in practices in which health profession |
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138 | | - | vacancies are difficult to fill, practices that require after |
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139 | | - | hours call at least every other night and practices that have |
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140 | | - | heavy obstetrical responsibilities; |
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| 160 | + | participants in practices in which health profession vacancies |
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| 161 | + | are difficult to fill, practices that require after hours call |
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| 162 | + | at least every other night and practices that have heavy |
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| 163 | + | obstetrical responsibilities; |
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145 | | - | C. The following education debts are not eligible |
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146 | | - | for repayment pursuant to the Health Professional Loan |
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147 | | - | Repayment Act: |
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148 | | - | (1) amounts incurred as a result of |
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149 | | - | participation in state loan-for-service programs or other |
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150 | | - | state programs whose purpose states that service be provided |
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151 | | - | in exchange for financial assistance; |
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152 | | - | (2) scholarships that have a service |
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153 | | - | component or obligation; HB 209 |
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154 | | - | Page 4 |
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| 168 | + | .224084.1 |
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| 169 | + | - 3 - underscored material = new |
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| 170 | + | [bracketed material] = delete |
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180 | | - | (3) personal loans from friends or |
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181 | | - | relatives; and |
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| 196 | + | C. The following education debts are not eligible |
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| 197 | + | for repayment pursuant to the Health Professional Loan |
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| 198 | + | Repayment Act: |
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| 199 | + | (1) amounts incurred as a result of |
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| 200 | + | participation in state loan-for-service programs or other state |
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| 201 | + | programs whose purpose states that service be provided in |
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| 202 | + | exchange for financial assistance; |
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| 203 | + | (2) scholarships that have a service component |
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| 204 | + | or obligation; |
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| 205 | + | (3) personal loans from friends or relatives; |
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| 206 | + | and |
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184 | | - | D. The loan repayment award shall be evidenced by |
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185 | | - | a contract between the health professional and the department |
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186 | | - | acting on behalf of the state. The contract shall provide |
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187 | | - | for the payment by the state of a stated sum to the health |
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| 209 | + | D. The loan repayment award shall be evidenced by a |
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| 210 | + | contract between the health professional and the department |
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| 211 | + | acting on behalf of the state. The contract shall provide for |
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| 212 | + | the payment by the state of a stated sum to the health |
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197 | | - | the terms of the contract, the department shall assess a |
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198 | | - | penalty of up to three times the amount of award disbursed |
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199 | | - | plus eighteen percent interest, unless the department finds |
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200 | | - | acceptable extenuating circumstances for why the health |
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201 | | - | professional cannot serve or comply with the terms of the |
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202 | | - | contract. If the department does not find acceptable |
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203 | | - | extenuating circumstances for the health professional's |
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204 | | - | failure to comply with the contract, the department shall HB 209 |
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205 | | - | Page 5 |
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| 221 | + | .224084.1 |
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| 222 | + | - 4 - underscored material = new |
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| 223 | + | [bracketed material] = delete |
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231 | | - | require immediate repayment plus the amount of the penalty. |
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| 249 | + | the terms of the contract, the department shall assess a |
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| 250 | + | penalty of up to three times the amount of award disbursed plus |
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| 251 | + | eighteen percent interest, unless the department finds |
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| 252 | + | acceptable extenuating circumstances for why the health |
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| 253 | + | professional cannot serve or comply with the terms of the |
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| 254 | + | contract. If the department does not find acceptable |
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| 255 | + | extenuating circumstances for the health professional's failure |
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| 256 | + | to comply with the contract, the department shall require |
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| 257 | + | immediate repayment plus the amount of the penalty. |
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