An Act To Fund the Nursing Education Loan Repayment Program and Fund
Be it enacted by the People of the State of Maine as follows:
Sec. 1. Appropriations and allocations. The following appropriations and allocations are made.
FINANCE AUTHORITY OF MAINE
Nursing Education Loan Repayment Fund
Initiative: Provides funds to the nursing education loan repayment fund to increase the number of nursing faculty in nursing education programs in the State.
| GENERAL FUND | 2007-08 | 2008-09 |
|
All Other
|
$50,000 | $50,000 |
 |
|
|
| GENERAL FUND TOTAL | $50,000 | $50,000 |
summary
This bill appropriates $50,000 from the General Fund each year for the next 2 years to finance the nursing education loan repayment program, which was established in Public Law 2005, chapter 417.