Oregon legislation · 2026 Legislative Measures
Oregon HB4075: Relating to hospital finance; and declaring an emergency.
Status: Chaptered, April 13, 2026
Digest: This Act makes the State Treasurer use unclaimed moneys to guarantee a loan to a hospital. (Flesch Readability Score: 63.6). [ Digest: This Act lets the State Treasurer loan unclaimed moneys to rural hospitals. (Flesch Readability Score: 60.7). ] [ Authorizes ] Requires the State Treasurer to [ loan ] use up to [ 20 percent of ] $44 million from the Unclaimed Property and Estates Fund to guarantee a loan made to a rural [ hospitals ] hospital for financial stabilization. Declares an emergency, effective on passage.
What the bill says
From the enrolled text, March 6, 2026:
83rd OREGON LEGISLATIVE ASSEMBLY--2026 Regular Session House Bill 4075 Sponsored by Representative WRIGHT, Senator SMITH DB, Representatives JAVADI, BOICE; Representatives EDWARDS, EVANS, HELFRICH, LEVY B, MANNIX, MCINTIRE, MUNOZ, NELSON, NGUYEN D, NOSSE, OSBORNE, PHAM H, RESCHKE, SCHARF, Senator WEBER (Presession filed.) CHAPTER ................................................. Relating to hospital finance; and declaring an emergency. SECTION 1. Section 2 of this 2026 Act is added to and made a part of ORS chapter 285A. SECTION 2. (1) On or before April 1, 2027, the State Treasurer shall guarantee an eligible rural hospital stabilization loan under this section. (2) A rural hospital stabilization loan that is eligible to be guaranteed under this section must: (a) Be made to a hospital and (B) Receives Medicare reimbursement on the basis of diagnostic related groups; (b) Be used only to address cash shortages or to refinance existing debt and not to expand services, facilities or operations or to make capital improvements; (c) Have a maturity date of no later than 20 years after the closing date of the loan; (d) Be a fully amortized loan with no provisions allowing or requiring interest-only or balloon payments; (e) Be made by a single lender or loan syndicate; (f) Be secured by a first position lien on substantially all of the hospital's real property and material equipment; (g) Provide the State …
Sponsors
- (R, 9) · primary sponsor