Plain English Breakdown
The bill did not pass, so it does not have an effective date and its provisions are not enacted.
Money for Rural Hospitals
This bill proposes to give $150 million from the State General Fund to the Department of Health to assist rural public hospitals facing high financial risk during fiscal year 2027.
What This Bill Does
- Gives money from the State General Fund to the Department of Health.
- The money is for helping rural public hospitals with significant financial issues.
- It provides $150 million for this purpose during fiscal year 2027.
Who It Names or Affects
- Rural public hospitals facing high financial risk.
- The Department of Health, which will receive and distribute the funds.
Terms To Know
- General Fund
- A main fund in a state's budget that holds money for various uses.
- Fiscal Year
- A period of one year used for budgeting and financial reporting, often starting on July 1st.
Limits and Unknowns
- The bill did not pass and was stopped in committee.
- It only applies to the fiscal year beginning July 1, 2026, and ending June 30, 2027.