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NY S08290

Bill

Official Source

Status

Introduced

5/30/2025

Primary Sponsor

Christopher Ryan

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Establishes an early intervention loan repayment program within the Department of Health to address provider shortages in underserved areas
  • Distributes funding regionally with 50% allocated to providers residing within New York City and 50% to providers outside the city
  • Requires recipients to commit to serving families in-person in underserved areas for three consecutive years, with awards distributed as 30% in year one, 30% in year two, and the remaining balance in year three
  • Covers qualifying student loans made or guaranteed by federal/state government or approved lending institutions under Title IV of the federal Higher Education Act
  • Requires establishment of a working group within 90 days to recommend a streamlined application process, with recommendations due by September 30, 2027
  • Takes effect April 1, 2026

Legislative Description

Relates to establishing an early intervention loan repayment program; provides funding is to be awarded regionally with 50% percent awarded to providers with a principal residence within NYC and the remaining fifty percent awarded to providers outside of NYC; provides that awards shall be given to providers who work in underserved areas for 3 consecutive years; provides loans shall be paid over a 3 year period; provides that a working group shall be established within 90 days to develop plans for the streamlined loan repayment program application process.

Last Action

REFERRED TO DISABILITIES

1/7/2026

Committee Referrals

Disabilities5/30/2025

Full Bill Text

No bill text available