Provides loan redemption for certain veterinarians who work at approved site for five years; annually appropriates $500,000.
This bill establishes a Veterinary Medicine Loan Redemption Program to address veterinarian shortages in underserved areas. It provides eligible veterinarians who commit to five years of full-time or half-time service at approved sites in designated underserved areas with loan repayment benefits, covering up to 100% of qualifying student loans for full-time work (max $20,000 annually) or 50% for half-time work (max $10,000 annually). The program is funded by an annual $500,000 appropriation from the General Fund and requires participants to be New Jersey residents, licensed veterinarians, and work primarily on large animal health in areas designated by the Secretary of Agriculture.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
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Full legislative history
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1
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Committee
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
2 primary · 0 co-sponsors
Sponsors
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