2006 Nebraska Revised Statutes - § 71-5661 — Financial incentives; funding; Rural Health Professional Incentive Fund; created; use; investment.

Section 71-5661
Financial incentives; funding; Rural Health Professional Incentive Fund; created; use; investment.

(1) The financial incentives provided by the Rural Health Systems and Professional Incentive Act shall consist of (a) student loans to eligible students for attendance at an eligible school as determined pursuant to section 71-5662 and (b) the repayment of qualified educational debts owed by eligible health professionals as determined pursuant to such section. Funds for such incentives shall be appropriated from the General Fund to the department for such purposes.

(2) The Rural Health Professional Incentive Fund is created. The fund shall be used to carry out the purposes of the act. Money credited pursuant to section 71-5670.01 and payments received pursuant to sections 71-5666 and 71-5668 shall be remitted to the State Treasurer for credit to the fund. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

Source:

Laws 1991, LB 400, § 12

Laws 1994, LB 1223, § 58

Laws 1995, LB 7, § 79

Laws 1996, LB 1155, § 50

Laws 1999, LB 242, § 1

Laws 2001, LB 214, § 3

Laws 2004, LB 1005, § 103

Cross References:

Nebraska Capital Expansion Act,see section 72-1269.

Nebraska State Funds Investment Act,see section 72-1260.

~Revised Statutes Cumulative Supplement, 2006