22 This bill does the following.
1. It makes part-time faculty eligible for the nursing education loan repayment program, with loans of up to $10,000 for a master's degree and up to $20,000 for a doctoral degree.
2. It provides for $1,000,000 in ongoing annual appropriations to the nursing education loan repayment program.
3. It establishes the Maine Health Care Education Training and Medical Residency Fund and appropriates $4,885,000 annually to the fund to establish clinical training opportunities for 3rd-year and 4th-year medical students in the rural parts of the State.
4. It provides for $4,000,000 in ongoing annual appropriations to the Maine Health Care Provider Loan Repayment Program Fund.
5. It provides for $1,000,000 in ongoing annual appropriations to the Doctors for Maine's Future Scholarship Program.
6. It establishes a new income tax credit of up to $500 a year for new nurses, for 3 years per eligible nurse, for employment in a licensed health care facility in the State. It directs the State Board of Nursing to certify eligible nurses for the tax credit. It limits the tax credit to 1,000 nurses per year.
7. It provides for $300,000 in ongoing annual appropriations to support incentives for clinical preceptorships.

Statutes affected:
Bill Text LD 1797, SP 722: 10.1019