House Bill No. 275 proposes an amendment to the Taylor Opportunity Program for Students (TOPS) in Louisiana, allowing students who qualify for a TOPS award but graduate from an out-of-state college to apply any unused award amounts towards medical or dental school in Louisiana. The bill stipulates that eligible students must have completed an undergraduate degree at an out-of-state institution and must enroll in a medical or dental program in Louisiana during or after the 2024-2025 academic year. Additionally, students must sign a promissory note agreeing to repay the awarded amount plus interest upon graduation or exiting the program, although they may be exempt from repayment if they complete a residency program or practice full-time in Louisiana for three consecutive years.

The bill also mandates that the administering agency, the Board of Regents, establish rules for the collection of unpaid amounts and define circumstances under which students may be exempt from repayment. The total amount awarded cannot exceed the tuition charged for the medical or dental program or the highest cost public college in the state, whichever is less. This legislation aims to support Louisiana's medical and dental workforce by incentivizing students to return to the state for their postgraduate education.