The proposed bill establishes the Behavioral Health Loan Forgiveness Program in Arkansas, aimed at addressing the shortage of mental health professionals in behaviorally underserved communities. It introduces a new subchapter under Arkansas Code Title 6, Chapter 81, which outlines definitions, eligibility criteria, and the administration of the program by the Department of Human Services. The program will provide financial assistance to participants, who are either mental health professionals or licensed alcoholism and substance abuse counselors, by offering payments toward their eligible student loans in exchange for a three-year service commitment in designated underserved areas.

Additionally, the bill creates the Arkansas Behavioral Health Professional Student Loan Repayment Fund, which will be used to support the loan forgiveness program. This fund will consist of moneys from various sources, including grants and donations, and will be managed by the Secretary of the Department of Human Services. The bill outlines the responsibilities of the Secretary, including determining eligible communities, managing applications, and disbursing funds to participants based on their service obligations. The program aims to enhance access to mental health services in areas with significant needs, thereby improving overall community health outcomes.