|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 04, 2022||referred to ways and means|
delivered to assembly
|Jan 24, 2022||advanced to third reading|
|Jan 20, 2022||2nd report cal.|
|Jan 19, 2022||1st report cal.276|
|Jan 05, 2022||referred to health|
|May 11, 2021||reported and committed to finance|
|Feb 25, 2021||referred to health|
senate Bill S5139
Current Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5139 (ACTIVE) - Details
- See Assembly Version of this Bill:
- Law Section:
- Public Health Law
- Laws Affected:
- Amd §2815-a, Pub Health L
S5139 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5139 SPONSOR: RIVERA TITLE OF BILL: An act to amend the public health law, in relation to the use of monies from the community health care revolving capital fund PURPOSE OR GENERAL IDEA OF BILL: To enable loans for certain expenses that support and enhance sustaina- ble Community Health Care Revolving Capital Fund capital projects. SUMMARY OF SPECIFIC PROVISIONS:. The bill amended PHL § 2815-a to add new purposes to be eligible for loans under the Community Health Care Revolving Capital Fund, including specific operational costs associated with delivering patient services such as staff recruitment and training; facility redesign to accommodate new protocols; telehealth technology; and debt restructuring to assure financial soundness.
S5139 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5139 2021-2022 Regular Sessions I N S E N A T E February 25, 2021 ___________ Introduced by Sen. RIVERA -- 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 the use of monies from the community health care revolving capital fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 2815-a of the public health law, as added by section 5 of part J of chapter 60 of the laws of 2015, is amended to read as follows: 2. Revolving capital fund. The dormitory authority shall, within amounts appropriated, establish the community health care revolving capital fund. Monies in the revolving capital fund shall be utilized for the purpose of making loans to qualifying participating borrowers to improve access to affordable capital financing to expand and improve capacity to provide health care in the State, AND TO ENABLE PARTICIPAT- ING BORROWERS TO OPERATE A FINANCIALLY AND OPERATIONALLY SUSTAINABLE PRACTICE. Funds shall be transferred by the commissioner to the dormito- ry authority for deposit in the revolving capital fund in an amount as authorized by appropriation. Monies in the fund shall be: (a) held by the authority pursuant to this section as custodian pursuant to an agreement with the commissioner until transferred to the administrator pursuant to this section, and (b) invested by the authority in accord- ance with the investment guidelines of the authority during said custo- dial period. All investment income shall be credited to, and shall be deposited in, the revolving capital fund. § 2. Paragraphs c, e, f, and j of subdivision 4 of section 2815-a of the public health law, as added by section 5 of part J of chapter 60 of the laws of 2015, are amended to read as follows: c. That monies in such revolving capital fund shall be utilized for the purpose of making loans to qualifying participating borrowers, to provide participating borrowers with improved access to affordable capi- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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