AR HB1030

Updates the poverty level reference date from January 1, 2007 to January 1, 2017 for determining medically underserved areas in Arkansas.

Modifies loan contract language to clarify board obligations and allow recipients to practice in multiple qualified rural communities if approved by the board when physician demand cannot sustain full-time practice.

Changes community match contract breach penalties to specify a flat $20,000 payment per uncompleted year of the four-year service term instead of requiring repayment of all unearned income and actual costs.

Clarifies that neither interest nor principal repayment accrues during periods of involuntary active duty service in the United States Armed Forces for both rural medical practice loans and community match income incentives.

Removes license suspension requirements for contracts entered after August 1, 2007 unless the contract explicitly stated suspension as a consequence of breach and the recipient signed written acknowledgment of that term.