Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 | referred to health |
Jun 21, 2013 | committed to rules |
Jun 10, 2013 | advanced to third reading |
Jun 05, 2013 | 2nd report cal. |
Jun 04, 2013 | 1st report cal.1124 |
May 08, 2013 | referred to health |
senate Bill S5092
2013-2014 Legislative Session
Sponsored By
Kemp Hannon
(R, C, IP) 0 Senate District
Archive: Last Bill Status - In Senate Committee Health Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Co-Sponsors
William J. Larkin, Jr.
(R, C) 0 Senate District
S5092 (ACTIVE) - Details
- Current Committee:
- Senate Health
- Law Section:
- Public Health Law
- Laws Affected:
- Amd §2801-a, Pub Health L
S5092 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5092 TITLE OF BILL: An act to amend the public health law, in relation to directing the commissioner of health to establish a pilot program to assist in the restructuring of health care delivery systems by authorizing increased capital investments in health care facilities PURPOSE: Authorizes establishment of a pilot program allowing for increased capital investment in health care facilities. SUMMARY OF PROVISIONS: Section one amends Public Health Law (PHL) § 2801-a to authorize the Commissioner of Health to establish a pilot program to assist in restructuring health care delivery systems by allowing for increased capital investment in health care facilities. Under this pilot, the Public Health and Health Planning Council (PHHPC) shall approve the establishment of no more than five business corporations. In order to be eligible for the program, the business corporation must affiliate with an academic medical institution or teaching hospital and shall not have any of its stock, or any stock of its direct or indirect owners, traded on the public stock exchange. Business Corporations established under this section shall be eligible to participate in debt financing provided by the Dormitory Authority of the State of New York, local development corporations and economic
S5092 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5092 2013-2014 Regular Sessions I N S E N A T E May 8, 2013 ___________ Introduced by Sen. HANNON -- read twice and ordered printed, and when printed to be committed to the Committee on Health AN ACT to amend the public health law, in relation to directing the commissioner of health to establish a pilot program to assist in the restructuring of health care delivery systems by authorizing increased capital investments in health care facilities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2801-a of the public health law is amended by adding a new subdivision 17 to read as follows: 17. (A) THE COMMISSIONER IS AUTHORIZED TO ESTABLISH A PILOT PROGRAM TO ASSIST IN RESTRUCTURING HEALTH CARE DELIVERY SYSTEMS BY ALLOWING FOR INCREASED CAPITAL INVESTMENT IN HEALTH CARE FACILITIES. PURSUANT TO THE PILOT PROGRAM, THE PUBLIC HEALTH AND HEALTH PLANNING COUNCIL SHALL APPROVE THE ESTABLISHMENT, IN ACCORDANCE WITH THE PROVISIONS OF SUBDIVI- SION THREE OF THIS SECTION, OF NO MORE THAN FIVE BUSINESS CORPORATIONS FORMED UNDER THE BUSINESS CORPORATION LAW. SUCH BUSINESS CORPORATIONS SHALL AFFILIATE, THE EXTENT OF THE AFFILIATION TO BE DETERMINED BY THE COMMISSIONER, WITH AT LEAST ONE ACADEMIC MEDICAL INSTITUTION OR TEACHING HOSPITAL APPROVED BY THE COMMISSIONER. A BUSINESS CORPORATION SHALL NOT BE ELIGIBLE TO PARTICIPATE IN THIS PROGRAM IF ANY OF ITS STOCK, OR THAT OF ANY OF ITS DIRECT OR INDIRECT OWNERS, IS OR WILL BE TRADED ON A PUBLIC STOCK EXCHANGE OR ON AN OVER-THE-COUNTER MARKET. (B) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, BUSINESS CORPORATIONS ESTABLISHED PURSUANT TO THIS SUBDIVISION SHALL BE DEEMED ELIGIBLE TO PARTICIPATE IN DEBT FINANCING PROVIDED BY THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK, LOCAL DEVELOPMENT CORPORATIONS AND ECONOMIC DEVELOPMENT CORPORATIONS. (C) THE FOLLOWING PROVISIONS OF THIS CHAPTER SHALL NOT APPLY TO BUSI- NESS CORPORATIONS ESTABLISHED PURSUANT TO THIS SUBDIVISION: (I) PARA- GRAPH (B) OF SUBDIVISION THREE OF THIS SECTION, RELATING TO STOCKHOLD- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10580-01-3
Comments
Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.
By contributing or voting you agree to the Terms of Participation and verify you are over 13.