California Health and Safety Code

§ 129385

HSC § 129385 Effective Jun 29, 2024Div. 107 · Part 6 · Ch. 4

Statute text

(a)The Distressed Hospital Loan Program Fund is hereby established in the State Treasury. The fund shall be administered by the department consistent with this chapter.

(b)Notwithstanding Section 13340 of the Government Code, all moneys in the fund are continuously appropriated, without regard to fiscal years, for the department and the authority to implement this chapter.

(c)The authority shall make secured loans from the Distressed Hospital Loan Program Fund to a hospital or to a governmental entity representing a closed hospital, for purposes of preventing the closure, or facilitating the reopening, of the hospital.

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Legislative history

Amended by Stats. 2024, Ch. 40, Sec. 21. (SB 159) Effective June 29, 2024. Repealed as of January 1, 2032, pursuant to Section 129387.