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SPARC Act

12/15/2023, 4:06 PM

Congressional Summary of S 705

Specialty Physicians Advancing Rural Care Act or the SPARC Act

This bill establishes student loan repayment programs to support the provision of specialty medical care in rural areas.

The Health Resources and Services Administration (HRSA) must carry out such a program for certain specialty medicine physicians who provide care in rural communities with shortages of such physicians. Physicians must agree to a period of obligated service and, for each year of such service, HRSA must pay one-sixth of the principal payment and interest on eligible loans up to a maximum cap of $250,000. Additionally, HRSA may carry out a similar loan repayment program for nonphysician specialty health care providers.

Current Status of Bill S 705

Bill S 705 is currently in the status of Bill Introduced since March 8, 2023. Bill S 705 was introduced during Congress 118 and was introduced to the Senate on March 8, 2023.  Bill S 705's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 8, 2023

Bipartisan Support of Bill S 705

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 705

Primary Policy Focus

Health

Alternate Title(s) of Bill S 705

SPARC Act
SPARC Act
Specialty Physicians Advancing Rural Care Act
A bill to amend the Public Health Service Act to authorize a loan repayment program to encourage specialty medicine physicians to serve in rural communities experiencing a shortage of specialty medicine physicians, and for other purposes.

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