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An Act To Fund the Nursing Education Loan Repayment Program and Fund
Be it enacted by the People of the State of Maine as follows:
Sec. 1. Appropriations and allocations. The following appropriations and allocations are made.
 
FINANCE AUTHORITY OF MAINE
 
Nursing Education Loan Repayment Fund
 
Initiative: Provides funds to the nursing education loan repayment fund to increase the number of nursing faculty in nursing education programs in the State.

GENERAL FUND	2007-08	2008-09	
All Other	$50,000	$50,000	
 	  	  	
GENERAL FUND TOTAL	$50,000	$50,000	

SUMMARY
This bill appropriates $50,000 from the General Fund each year for the next 2 years to finance the nursing education loan repayment program, which was established in Public Law 2005, chapter 417.