AN ACT to amend and reenact section 6-09-47 of the North Dakota Century Code, relating to a medical facility emergency operating loan program under the medical facility infrastructure loan fund; to provide an appropriation; to provide a transfer; to provide an effective date; and to provide an expiration date.
Filed with Secretary Of State 01/23
Summary
The bill creates a revolving loan fund to help nonprofit hospitals build or improve facilities and a separate emergency operating loan for small rural hospitals. It sets loan limits, interest rates, repayment terms, and provides a one‑time $10 million transfer from the state’s general fund. The program aims to strengthen health‑care infrastructure and keep small hospitals financially viable.
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