Health and Safety Code § 129380
‹ § 129355§ 129381 ›Open in browserleginfo ↗Repeal scheduledThis section repeals itself on January 1, 2032 by its own provisions.
129380.
(a) This program shall be known, and may be cited, as the Distressed Hospital Loan Program.
(b) The purpose of this program is to provide interest-free cashflow loans to not-for-profit hospitals and public hospitals in significant financial distress or to governmental entities representing a closed hospital, except as otherwise provided, to prevent the closure of, or facilitate the reopening of, those hospitals.
(Added by Stats. 2023, Ch. 6, Sec. 3. (AB 112) Effective May 15, 2023. Repealed as of January 1, 2032, pursuant to Section 129387.)