AN ACT relating to the healthcare workforce, making an appropriation therefor, and declaring an emergency.

Create new sections of KRS 164 to define terms; establish the Kentucky healthcare workforce investment fund to enable the CPE, healthcare programs, and healthcare providers and facilities to match public and private dollars for the purpose of awarding scholarships to eligible students and healthcare incentives to eligible healthcare programs; provide that the moneys in the fund appropriated by the General Assembly shall lapse after the second year in a biennium budget; direct CPE to promulgate regulations to administer the Act; require at least 65% of all net moneys in the fund to be used to fund partnership proposals between healthcare programs and healthcare partners to issue scholarships to students enrolled in the healthcare program; require CPE to establish a process to prioritize certain partnership proposals; require a written partnership contract and establish the minimum contents; require that scholarships be issued directly to students and establish employment requirements for recipients; permit a healthcare partner to contract for additional employment restrictions; provide that individuals on the nurse aide abuse registry are not eligible for scholarships; require that up to 35% of moneys in the fund shall be reserved for healthcare program incentives to award excellence in healthcare programs; establish the criteria for CPE to consider in awarding healthcare program incentives; require that the healthcare program incentives be competitive; restrict the use of healthcare program incentive awards; require CPE to report to specific interim joint committees annually; establish the minimum contents of the report; require public postsecondary educational institution to report to specific committees annually; establish the minimum contents of the report; APPROPRIATION; EMERGENCY.