Texas 2019 - 86th Regular

Texas Senate Bill SB998

Caption

Relating to the physician education loan repayment program.

Impact

The passage of SB998 is expected to significantly impact the availability of healthcare professionals in Texas, especially in rural and underserved communities. By enhancing the financial incentives for medical graduates to enter and remain in the practice, the bill aims to address the ongoing shortage of healthcare providers in the state. The updated repayment amounts could encourage more graduates to consider jobs in areas most in need of medical care, thereby potentially improving health outcomes for populations that have been historically underserved.

Summary

Senate Bill 998 is designed to enhance the physician education loan repayment program in Texas, aiming to attract and retain medical professionals in the state. The bill proposes to increase the maximum repayment amounts available to eligible physicians. Specifically, the repayment assistance will range from $30,000 in the first year to $60,000 in the fourth year, with a total cap of $180,000 over the four-year period. This change reflects an adjustment from previous limits, thereby providing greater financial support for future physicians willing to practice in underserved areas.

Contention

Despite its positive intentions, there may be contention regarding the sustainability of funding for the increased loan repayment amounts. Critics might argue that while the intention to attract more physicians is commendable, there is a need for a well-defined funding mechanism to support these increases in repayment without compromising other educational initiatives. Moreover, discussions may arise about the bill's effectiveness in actually improving access to healthcare, with questions about whether monetary incentives alone are sufficient to retain medical professionals in challenging work environments.

Companion Bills

TX HB2261

Same As Relating to the physician education loan repayment program.

Previously Filed As

TX HB1551

Relating to repayment of certain mental health professional education loans.

TX SB532

Relating to providing mental health services information to certain higher education students and to the repayment of certain higher education loans.

TX SB25

Relating to support for nursing-related postsecondary education, including scholarships to nursing students, loan repayment assistance to nurses and nursing faculty, and grants to nursing education programs.

TX HB1211

Relating to financial assistance, including repayment of loans, for certain students attending postsecondary educational institutions.

TX HB901

Relating to support for nursing-related postsecondary education including the provision of loan repayment assistance to nursing faculty and the provision of grants to nursing education programs.

TX SB244

Relating to support for nursing-related postsecondary education including the provision of loan repayment assistance to nursing faculty and the provision of grants to nursing education programs.

TX HB3140

Relating to eligibility requirements for the Teach for Texas Loan Repayment Assistance Program.

TX HB2672

Relating to the eligibility for student loan repayment assistance under the math and science scholars loan repayment program.

TX SB408

Relating to the Nursing Faculty Loan Repayment Assistance Program.

TX SB2049

Relating to repayment of certain mental health professional education loans.

Similar Bills

No similar bills found.