- Associated Press - Tuesday, April 21, 2015

JUNEAU, Alaska (AP) - Alaska lawmakers have voted to allow the Alaska Municipal Bond Bank Authority to make loans to regional health organizations.

The state House passed the bill, which was proposed by Sen. Lyman Hoffman, on Sunday.

The bond bank is a state corporation that helps municipalities finance some capital projects. For a regional health organization to use the bond bank, the Department of Health and Social Services commissioner would have to determine that a loan from the bond bank would improve health care in that region and provide a financial benefit to the state.

In a statement, Hoffman said that the bond bank can often get better rates than small communities, which would make it easier to bond for needed health clinics.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide