This bill significantly strengthens the state’s loan assistance program for federal employees by removing the time limit in which you could receive a loan and allowing the state to entirely forgive loans under certain circumstances. Also allows the governor to transfer funds from the state’s “Rainy Day Fund” to help pay for the assistance loan accounts. CPAC opposes a large, bloated government, supports private sector employment and ultimately opposes this bill. The House passed this bill on 2025-04-07 by a vote of 105-33. The Senate passed this bill on 2025-04-07 by a vote of 33-13. The bill later became law.