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AK HB101

Bill

Status

Introduced

2/11/2015

Primary Sponsor

Bob Herron

Click for details

Origin

House of Representatives

29th Legislature

AI Summary

  • Authorizes the Alaska Municipal Bond Bank Authority to issue bonds or notes to make loans to regional health organizations for health care facilities, up to $250,000,000 in principal amount.

  • Adds regional health organizations as eligible borrowers alongside municipalities and the University of Alaska, provided the commissioner of health and social services anticipates a state financial benefit and increased regional quality of care.

  • Defines "regional health organization" by reference to AS 18.28.100 and specifies that regional health organization bonds may be general obligations, secured by special funds, or combinations thereof.

  • Expands legislative findings to recognize that many municipalities partner with nonprofit organizations for health care delivery and that nonprofit regional health organizations provide services in areas where municipal partners are unavailable.

  • Takes effect immediately upon enactment.

Legislative Description

Muni Bond Bank Loans To Reg Health Orgs

Public Finance

Last Action

REFERRED TO FINANCE

2/11/2015

Committee Referrals

Finance2/11/2015

Full Bill Text

No bill text available