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S2311Senate2015-2016 SessionSame asA1106

Creates a regents large animal veterinarian loan forgiveness program

Sponsor Patty RitchieSD-48+1 co-sponsorAffects Finance
Status
In Senate Committee
Finance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Finance

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Who cares

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Sponsors

Primary sponsor
Patty Ritchie

Senator · Senate District 48

Chair, Agriculture

1 Co-sponsor

History

  1. Reported and committed to finance
  2. Referred to higher education
  3. Reported and committed to finance
  4. Referred to higher education

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A1106Assembly

Creates a regents large animal veterinarian loan forgiveness program

In Assembly Committee · Higher Education · Sponsor William Magee

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S2311

Purpose

To establish a loan forgiveness program for large animal veterinarians who graduate from New York State colleges and universities as an incentive to remain in the state to serve high-need areas.

Summary of provisions

Section 1 amends Section 605 of the Education law by adding a new Subdivision 13 to prescribe the loan forgiveness program's eligibility, selection, notification, reporting and service requirements.

Section 2 provides the allowed number of awards to be issued each year, how award amounts will be calculated, and how such awards will be disbursed.

Section 3 Provides the effective date.

Justification

Since 1990, the number of veterinarians specializing in large animal veterinary care has dropped to fewer than 4,500 from nearly 6,000, according to the American Veterinary Medical Association (AVMA). The AVMA also estimates that such doctors now make up less than 10 percent of private practice veterinarians nationwide. Left unchecked, this situation could have serious consequences not only for the well-being of farmers and animals, but also potentially for food safety and the impact of non-native diseases like avian influence. Cost management for graduates is critical when veterinary students leave school with up to $100,000 in debt. While some say annual salaries can eventually equal that number, the median starting salary for large-animal veterinarians is only about $60,500 - approximately $11,000 less than that of small-animal veterinarians. This is because small-animal practices are more profitable, and therefore more lucrative. Coupled with the fact that many students relocate to different states after obtaining degrees from Cornell University and other reputable New York institutions, legislation of this caliber is necessary to make sure our agricultural industries remain viable and are among the best in the country.

Legislative history

2013/2014 - S.6225/A.1511 - Referred to Higher Education; 2011/2012 - A. 358 - Referred to Higher Education; 2009/2010 - S.2884 / A.5957 - Referred to Higher Education; 2007/2008 - S.7466A / A.8574 - Referred to higher Education

Fiscal implications

To be determined.

Effective date

The first of July next succeeding the date the bill becomes law.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.