Home Table of Contents

§ 24-1904. Use of Fund to assist repayment of education loans

West's Annotated Code of MarylandHealth--GeneralEffective: July 1, 2022

West's Annotated Code of Maryland
Health--General
Title 24. Miscellaneous Provisions
Subtitle 19. Maryland Loan Assistance Repayment Program for Nurses and Nursing Support Staff (Refs & Annos)
Effective: July 1, 2022
MD Code, Health - General, § 24-1904
§ 24-1904. Use of Fund to assist repayment of education loans
Currentness
“Eligible field of employment” defined
(a)(1) In this section, “eligible field of employment” means employment by an organization, an institution, an association, a society, or a corporation that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code of 1986.
(2) “Eligible field of employment” includes employment by the State or a local government in the State.
In general
(b) The Department shall use the Fund to assist in the repayment of the amount of education loans owed by a nurse or nursing support staff who:
(1) Practices in an eligible field of employment; or
(2) Meets any other requirements established by the Department.
Reversion of Fund to General Fund
(c) Any unspent portions of the money that is transferred to the Department for use under this subtitle may not be transferred to or revert to the General Fund of the State, but shall remain in the Fund maintained by the Department to administer the Program.

Credits

Added by Acts 2022, c. 314, § 1, eff. July 1, 2022.
MD Code, Health - General, § 24-1904, MD HEALTH GEN § 24-1904
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document