The bill H. 3348 aims to amend the South Carolina Code of Laws by adding Section 59-1-505, which provides that all registered nurses and doctors practicing in the state are eligible to apply for student loan forgiveness. The bill outlines that the eligibility for this forgiveness will be in accordance with guidelines established by the relevant department.

Additionally, the bill mandates that the General Assembly will appropriate necessary funds from the general fund each year to support the student loan forgiveness program. The department is also tasked with creating and publishing the regulations, guidelines, and procedures needed to implement this program effectively. The act will take effect upon approval by the Governor.

Statutes affected:
12/05/2024: 59-1-505
Latest Version: 59-1-505
12/06/2024: 59-1-505