This bill amends Section 33-3731 of the Idaho Code to establish a Medical Education Fund and outline its funding sources. It requires individuals who qualify as Idaho residents and are accepted into state-supported medical education programs to enter into a contract committing to practice medicine in Idaho for four years after completing their education and residency. The bill specifies that each year of residency served in Idaho counts as half a year towards this practice requirement. If individuals fail to fulfill their contract, they must reimburse the state for its financial support of their education, with specific terms for repayment and conditions under which reimbursement may be suspended or waived.

Additionally, the bill establishes a Medical Education Fund in the state treasury, which will be funded by reimbursements from individuals, one percent of the gross receipts from the tax on health insurance premiums starting July 1, 2028, legislative appropriations, donations, and interest earned on the fund. The fund will be used for administering the provisions of the bill and for incentive grants to licensed physicians practicing in Idaho. The bill declares an emergency, making it effective on July 1, 2026.

Statutes affected:
Bill Text: 33-3731