LD 872 – Maine

Status: Inactive / Dead
Year Introduced: 2019
Link: http://legislature.maine.gov/legis/bills/display_ps.asp?LD=872&snum=129

This bill creates the Health Care Professional Education Loan Repayment Program administered by the Finance Authority of Maine to repay the education debt of certain health care professionals who agree to live and work in the State for a minimum of 5 years. Under the program, the authority will pay 20% of the education debt or $25,000, whichever is lower, for each year of participation in the program up to a total of $125,000 for a health care professional who is not employed in a federally designated health professional shortage area and 20% of the education debt or $30,000, whichever is lower, for each year of participation in the program up to a total of $150,000 for a health care professional who is employed in a federally designated health professional shortage area. The program is contingent on funding from the proceeds from the renewal of the contract for the operations of the State’s wholesale spirits business.


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