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.
Board Website
Policy Area
Health
Governor Appointments
1
Total Board Positions
5
Public Disclosure Required?
Yes
Senate Confirmation Required?
Yes
Compensation
Reimbursement for travel
Term Length (years) 4
Statutory Term Limits
Board Requirements
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.
