From official state and federal legislative records. Informational only, not legal advice.
Now law
This is now an official law, recorded in the state's law books.
The governor signed it. Nothing left to watch.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
<b>Digest: This Act makes the State Treasurer use unclaimed moneys to guarantee a loan to a hospital. (Flesch Readability Score: 63.6).</b> [<i>Digest: This Act lets the State Treasurer loan unclaimed moneys to rural hospitals. (Flesch Readability Score: 60.7).</i>] [<i>Authorizes</i>]<b> Requires</b> the State Treasurer to [<i>loan</i>]<b> use</b> up to [<i>20 percent of</i>] <b>$44 million from </b>the Unclaimed Property and Estates Fund to <b>guarantee a loan made to a</b> rural [<i>hospitals</i>]<b> hospital</b> for financial stabilization. Declares an emergency, effective on passage.