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S06939 Summary:

BILL NOS06939A
 
SAME ASSAME AS A11292-C
 
SPONSORHANNON
 
COSPNSR
 
MLTSPNSR
 
Add S2874-b, amd S2872, Pub Health L; amd SS3 & 5, add S7-b, NYS Med Care Fac Fin Ag Act
 
Authorizes certain not-for-profit hospitals to incur outstanding refinancing indebtedness; defines indebtedness; provides how such refinancing shall be weighted and financed and provides for written notice to the department prior to incurring such refinancing; further amends provisions of chapter 392 of the laws of 1973, relating to creating the New York state medical care facilities finance agency, to allow for such refinancing.
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