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JFAC advances one-time and ongoing payments to rural nursing loan-repayment fund after transfer motion fails in Senate committee

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Summary

After an initial motion to transfer remaining general fund cash for the multi-year rural nursing loan repayment program failed in the Senate committee, JFAC approved a one-time FY2025 payment and an ongoing FY2026 appropriation from the dedicated rural nursing loan repayment fund.

The Joint Finance-Appropriations Committee on March 12 debated and then approved actions to ensure continuing payments under the rural nursing loan repayment program established by House Bill 213 (2023).

Background: House Bill 213 established a five-year rural nursing loan repayment fund. The enabling statute and original fiscal note provided a cash transfer of $250,000 to fund year-one awards, with further sums expected in later years. Committee materials showed $2,250,000 remained available in the general fund that could be transferred to the dedicated rural nursing loan repayment fund to preserve cash for the program’s life.

What the committee did - A motion to transfer the remaining $2,250,000 from the general fund to the dedicated rural nursing loan repayment fund failed in the Senate committee (combined…

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