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NJ S1911
Bill
Status
1/13/2026
Primary Sponsor
Latham Tiver
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AI Summary
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Creates a Veterinary Medicine Loan Redemption Program administered by the Higher Education Student Assistance Authority for veterinarians who commit to five years of full-time service at approved sites in designated underserved areas
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Provides up to 100% redemption of qualifying undergraduate and veterinary school loan expenses, capped at $30,000 per year, with graduated payouts (12% in year one increasing to 24% in years four and five)
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Requires participants to dedicate at least 75% of their work to large animal veterinary care (cows, horses, goats, pigs, chickens, sheep, and other livestock) at practices where at least one-third of activity involves large animals
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Directs the Secretary of Agriculture, in consultation with organizations including the New Jersey Horse Council, Equine Practitioners Association, Veterinary Medical Association, and Farm Bureau, to annually designate veterinary underserved areas
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Appropriates $500,000 annually from the General Fund and allows HESAA to accept private donations; participants who leave early must repay 50% of redeemed amounts within one year
Legislative Description
Establishes veterinary medicine loan redemption program for certain veterinarians who work in underserved areas for five years; annually appropriates $500,000.
Higher Education
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee
1/13/2026