Dedicates certain funding to hospital capital improvement needs.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates a dedicated fund, the Public Hospital Capital Fund, to support capital improvement projects at public hospitals in New Jersey. The fund will be financed by assessments collected from the reorganization of a health service corporation, specifically Horizon Blue Cross Blue Shield of New Jersey. The Legislature will recommend how the funds are used, with a limit of 25% being spent in any single fiscal year. The fund’s existence will continue until all collected funds are utilized.
Bill text
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Document of record
- Version
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Sponsors
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2 on record
Primary sponsors
Joseph Cryan
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