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Bill > SB179


NM SB179

NM SB179
Hospital Care Facilities Contract


summary

Introduced
01/31/2021
In Committee
03/01/2021
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC FINANCE; CLARIFYING THE DEFINITION OF "HOSPITAL CARE FACILITIES CONTRACT" IN THE HOSPITAL FUNDING ACT; ALLOWING THE ISSUANCE OF CERTAIN BONDS FOR COUNTY SKILLED NURSING AND REHABILITATION HOSPITALS; ENACTING THE 2021 PUBLIC SECURITIES VALIDATION ACT; VALIDATING, RATIFYING, APPROVING AND CONFIRMING CERTAIN PUBLIC SECURITIES; DECLARING AN EMERGENCY.

AI Summary

This bill clarifies the definition of "hospital care facilities contract" in the Hospital Funding Act, allowing the issuance of certain bonds for county skilled nursing and rehabilitation hospitals. It also enacts the 2021 Public Securities Validation Act, which validates, ratifies, approves, and confirms certain public securities issued by the state or public bodies. Additionally, the bill declares an emergency, allowing the act to take effect immediately.

Committee Categories

Budget and Finance, Justice

Sponsors (2)

Last Action

Senate Judiciary Committee (00:00 3/5/2021 Room 321) (on 03/05/2021)

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