MS HB152 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Establish A Rural Hospital Capital Improvements Revolving Loan Program For The Purpose Of Making Loans To Rural Hospitals To Assist Those Hospitals In Making Capital Improvements To Their Facilities; To Provide That The Program Will Be Administered By The State Department Of Health; To Create A Special Fund In The State Treasury To Be Designated The "rural Hospitals Capital Improvements Revolving Loan Fund"; To Provide That The Revolving Fund Will Be Credited With All Repayments Of Principal And Interest Derived From Loans Made From The Revolving Fund; To Authorize The Department To Make Loans From The Revolving Fund To Rural Hospitals As Set Forth In A Loan Agreement In An Amount Of Not More Than Five Hundred Thousand Dollars Per Loan; To Provide That A Rural Hospital May Not Receive Another Loan Within Five Years After Receiving A Loan From The Revolving Fund; To Prescribe The Powers And Duties Of The Department In Administering The Program; To Authorize The Issuance Of State General Obligation Bonds To Provide Monies For The Revolving Fund; And For Related Purposes.

Tracking Information

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Title

Rural Hospitals Capital Improvements Revolving Loan Program; establish.

Sponsors


History

DateChamberAction
2020-06-03HouseDied In Committee
2020-01-24HouseReferred To Public Health and Human Services;Ways and Means

Mississippi State Sources


Bill Comments

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