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SPONSOR: | Altamirano | DATE TYPED: | 02/23/01 | HB | |||
SHORT TITLE: | Healthcare Finance Act | SB | 342 | ||||
ANALYST: | Kehoe |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY01 | FY02 | FY01 | FY02 | ||
NFI | NFI | NFI | NFI | N/A | N/A |
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
Health Policy Commission
Department of Health - Did Not Respond
SUMMARY
Synopsis of Bill
Senate Bill 342 amends certain sections of the New Mexico Special Hospital District Act; the Hospital Funding Act; and the Hospital Equipment Loan Act. to expand the purpose of loans and financing opportunities for health care providers.
Significant Issues
Senate Bill 342 amends various sections to do the following:
FISCAL IMPLICATIONS
The appropriation of (AMOUNT) contained in this bill is a (RECURRING or NON-RECURRING) expense to the (GENERAL FUND or OTHER). Any unexpended or unencumbered balance remaining at the end of (FISCAL YEAR) shall revert to the (GENERAL FUND or OTHER).
Continuing Appropriations
If Applicable
This bill creates a new fund and provides for continuing appropriations. The LFC objects to including continuing appropriation language in the statutory provisions for newly created funds. Earmarking reduces the ability of the legislature to establish spending priorities.
LMK/njw