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SB 2403·ND·senate

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.

Signed into LawFiled Jan 21, 2026
Sponsor: Sen. Schaible, Donald
Latest Action

Filed with Secretary Of State 01/23

Jan 28, 2026

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.

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

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