Bill Text: AZ SB1047 | 2017 | Fifty-third Legislature 1st Regular | Chaptered
Bill Title: Medical student loans; board; continuation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2017-03-31 - Chapter 128 [SB1047 Detail]
Download: Arizona-2017-SB1047-Chaptered.html
Senate Engrossed |
State of Arizona Senate Fifty-third Legislature First Regular Session 2017
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CHAPTER 128
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SENATE BILL 1047 |
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AN ACT
repealing section 41‑3017.02, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41‑3021.02; relating to the board of medical student loans.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Repeal
Section 41-3017.02, Arizona Revised Statutes, is repealed.
Sec. 2. Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3021.02, to read:
41-3021.02. Board of medical student loans; termination July 1, 2021
A. The board of medical student loans terminates on July 1, 2021.
B. Title 15, chapter 13, article 7 and this section are repealed on January 1, 2022.
Sec. 3. Purpose
Pursuant to section 41‑2955, subsection B, Arizona Revised Statutes, the legislature continues the board of medical student loans to administer loans from the medical student loan fund.
Sec. 4. Retroactivity
Sections 1 and 2 of this act are effective retroactively to from and after July 1, 2017.
APPROVED BY THE GOVERNOR MARCH 31, 2017.
FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 31, 2017.