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2024 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Boysko
Physician Loan Repayment Program

Item 271 #1s

Item 271 #1s

First Year - FY2025 Second Year - FY2026
Health and Human Resources
Department of Health FY2025 $4,000,000 FY2026 $4,000,000 GF

Language
Page 299, line 43, strike "$20,757,021" and insert "$24,757,021".
Page 299, line 43, strike "$20,757,021" and insert "$24,757,021".

Page 301, after line 48, insert:

"I.1. Out of this appropriation, $4,000,000 the first year and $4,000,000 the second year from the general fund shall be provided for the Physician Loan Repayment Program.

2. The Virginia Department of Health shall modify the Physician Loan Repayment Program design as follows: (i) the award shall provide for a maximum of $200,000 per physician awardee, $100,000 the first two years and $50,000 for each year after for a maximum of four years; (ii) a minimum condition for recipients to practice in underserved areas of the Commonwealth as specified in § 32.1-122.6:1 of the Code for at least two years; (iii) eligibility for physicians practicing in primary care, behavioral health or any high-need specialty; (iv) automatic consideration for an additional two years without application for awardees, pending verification of eligibility; and (v) preference to physicians who have completed graduate medical education or undergraduate medical education in Virginia or will practice for the full maximum of four years.

3. The Virginia Department of Health shall collaborate with the Medical Society of Virginia on a plan to increase the number of Virginia Physicians in underserved areas through the use of student loan repayment programs."



Explanation

(This amendment provides $4.0 million each year from the general fund for the Physician Loan Repayment Program and adds language modifying the criteria for the program.)