House Bill 229 (HB 229) amends various sections of Florida Statutes concerning health facilities, particularly focusing on the definition of "health facility" and the authority's powers overseeing these entities. The bill expands the definition to include a wider array of not-for-profit organizations, such as limited liability companies controlled by not-for-profit entities, that provide health services like hospital care and assisted living. It also grants the authority new powers to issue secured or unsecured loans to health facilities for project costs and to refinance existing debts. Additionally, the bill introduces provisions for loan agreements that require health facilities to operate and maintain projects while bearing associated costs.

Moreover, HB 229 modifies the issuance of bonds by authorities for health facilities, allowing trust agreements to include provisions for the pledge or assignment of loan payments. It clarifies the authority's responsibilities regarding property acquisition, project maintenance, and fee collection, while also broadening the definition of "health care facility" to ensure compliance with regulations. The bill removes restrictions on bond issuance for facilities outside the local agency's jurisdiction, enabling financing for projects that benefit health facilities within the jurisdiction. Overall, the bill aims to enhance financial mechanisms for health facilities while safeguarding bondholders' rights, with an effective date set for July 1, 2025.

Statutes affected:
H 229 Filed: 154.205, 154.213, 154.225, 154.235, 154.219, 154.221, 154.229, 154.247