Health Care Facilities Authority
Authorizes the sale of tax-exempt, non-recourse revenue bonds and loan proceeds to non-profit health-care facilities. Sells bonds in the name of the authority and are payable from an individual hospital's revenue. Performs various computation tasks such as average useful life, debt capacity analysis, rating analysis, and financing process timeline projections.
Total Board Positions
Public Disclosure Required?
Senate Confirmation Required?
Reimbursement for travel
Term Length (years) 4
Statutory Term Limits
One member of the general public who has interest or expertise in health care delivery. Four other members also serve - Governor, Lieutenant Governor, Insurance Commissioner and Secretary of the Department of Health.