Introduced by Rep. Eileen Cody (D) on January 11, 2012, limits the amount of indebtedness incurred by the Health Care Facilities Authority (Authority) to $5.5 billion and defines indebtedness to include only the amount of principal owed. This act sets out new criteria for hospital funding through the Authority.
Referred to the House Health Care & Wellness Committee on January 11, 2012.
Substitute offered in the House on January 23, 2012, the substitute bill removes all provisions that were in the original bill relating to establishing minimum financing conditions for hospital projects.
Referred to the House Capital Budget Committee on January 26, 2012.