Bill Text: OR SB235 | 2011 | Regular Session | Introduced
Bill Title: Relating to medical education for primary care physicians; appropriating money.
Spectrum: Unknown
Status: (Failed) 2011-06-30 - In committee upon adjournment. [SB235 Detail]
Download: Oregon-2011-SB235-Introduced.html
76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session
NOTE: Matter within { + braces and plus signs + } in an
amended section is new. Matter within { - braces and minus
signs - } is existing law to be omitted. New sections are within
{ + braces and plus signs + } .
LC 2441
Senate Bill 235
Printed pursuant to Senate Interim Rule 213.28 by order of the
President of the Senate in conformance with presession filing
rules, indicating neither advocacy nor opposition on the part
of the President (at the request of Senate Interim Committee on
Health Care)
SUMMARY
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
Establishes medical education loan program fund for new primary
care physicians in Oregon. Establishes Primary Care Medical
Education Loan Fund. Continuously appropriates moneys in fund to
Oregon Student Assistance Commission for purposes of awarding
medical education loans.
A BILL FOR AN ACT
Relating to medical education for primary care physicians; and
appropriating money.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + (1) In addition to any other financial aid
provided by law, the Oregon Student Assistance Commission may
award loans to qualified applicants, from the Primary Care
Medical Education Loan Fund established under section 5 of this
2011 Act, to assist in financing the cost of a program of study
leading to the degree of Doctor of Medicine or to the degree of
Doctor of Osteopathic Medicine. The commission may award loans
under this section in an amount equal to 50 percent of the
medical school's standard tuition and fees.
(2) The commission shall:
(a) Develop criteria for the preparation of applications and
procedures for the submission, evaluation, priority selection and
award of loans provided for in sections 1 to 5 of this 2011 Act.
(b) Determine the number and amount of loans and loan renewals;
and
(c) Adopt rules necessary to implement sections 1 to 5 of this
2011 Act. + }
SECTION 2. { + (1) A person is eligible for a loan under
section 1 of this 2011 Act if the person is:
(a) A resident of this state;
(b) Accepted for enrollment or a student in good standing in
the professional medical program at an accredited medical school
or accredited school of osteopathic medicine located in the
United States; and
(c) Willing to make a commitment to practice primary care
medicine in this state.
(2) A person applying for a loan under section 1 of this 2011
Act shall:
(a) Submit an application to the Oregon Student Assistance
Commission on a form provided by the commission; and
(b) Agree in writing to practice primary care medicine for five
years in this state. + }
SECTION 3. { + A loan awarded under section 1 of this 2011 Act
is renewable annually for each year the student is enrolled in
medical school or for a total of four years, whichever is less.
The Oregon Student Assistance Commission shall renew a loan upon
application by the recipient if the commission finds that the
recipient:
(1) Has successfully completed the required work for the
preceding academic year;
(2) Is a student in good standing; and
(3) Is a resident of this state. + }
SECTION 4. { + (1) A person receiving a loan under section 1
of this 2011 Act is not required to repay the loan if the person
practices primary care medicine in this state for five years.
(2) A person receiving a loan under section 1 of this 2011 Act
who fails to complete the required course of study shall repay
the amount received to the Oregon Student Assistance Commission
plus 10 percent interest on the unpaid balance, accrued from the
date the loan was granted.
(3) A person receiving a loan under section 1 of this 2011 Act
who completes the required course of study but fails to fulfill
the obligations required for the loan shall repay the amount
received to the commission plus 10 percent interest on the unpaid
balance, accrued from the date the loan was granted.
Additionally, a penalty fee equal to 25 percent of the amount
received shall be assessed against the person. No interest
accrues on the penalty.
(4) The commission shall deposit moneys received under this
section into the Primary Care Medical Education Loan Fund.
(5) The commission may waive any interest or penalty assessed
under subsection (2) or (3) of this section in cases of undue
hardship. + }
SECTION 5. { + (1) The Primary Care Medical Education Loan
Fund is established in the State Treasury, separate and distinct
from the General Fund. The Primary Care Medical Education Loan
Fund consists of moneys received by the Oregon Student Assistance
Commission from any public or private source for the purpose of
awarding student loans as provided in section 1 of this 2011 Act.
(2) Moneys in the Primary Care Medical Education Loan Fund may
be invested in the same manner as the Oregon Student Assistance
Fund established under ORS 348.570. Interest earned by the
Primary Care Medical Education Loan Fund shall be credited to the
fund.
(3) All moneys received by the Oregon Student Assistance
Commission under section 4 of this 2011 Act, including
repayments, interest and penalties, are continuously appropriated
to the Oregon Student Assistance Commission for the purpose of
awarding loans under section 1 of this 2011 Act. + }
SECTION 6. { + Section 7 of this 2011 Act is added to and made
a part of ORS chapter 316. + }
SECTION 7. { + There shall be subtracted from federal taxable
income the amount of a loan from the Primary Care Medical
Education Loan Fund that is not required to be repaid as provided
under section 4 of this 2011 Act. + }
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