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Estimated Two-year Net Impact to General Revenue Related Funds for HB2396, As Introduced: a negative impact of ($881,000) through the biennium ending August 31, 2017.
There is no significant fiscal impact.
Minor changes were made to HB 2396 which do not affect our original vote recommendation. The second chamber sponsor is Senator Seliger.
First chamber recommendation:
This bill affirms the principle of limited government, since it removes regulation that requires medical schools and law schools set aside a percentage of their tuition for loan repayment assistance. It would prevent the subsidization of loan repayment by students that may not even be eligible or benefit from the repayment assistance. For this reason, we support HB 2396.