Modifies provisions relating to the operation of, and investment of moneys by, certain hospitals

Summary

The measure lets small‑tax‑revenue hospitals invest up to half of their non‑disbursement money in approved stock, bond, or money‑market funds, and permits them to buy or lease related health facilities under new conditions. It also sets stricter limits on over‑the‑counter sales of ephedrine, pseudoephedrine and phenylpropanolamine products, creates a tracking‑fee system for manufacturers, and requires highway‑patrol reporting of meth lab seizures. The bill aims to give financially limited hospitals more investment flexibility while curbing the diversion of precursor chemicals for illegal drug making.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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