§ 129210 Health Facility Loan Insurance Limit

Health and Safety Code·California

AI SummaryVerified

Key Takeaways

•The government can lend up to $3 billion to help build, fix, or expand hospitals and clinics.
•They can lend more than $3 billion only in two cases: to refinance old loans (if it saves money and helps repay the loan) or if there’s a natural disaster like an earthquake.
•The goal is to make sure hospitals can get the money they need without wasting it.

Example

A hospital needs money to fix damage after an earthquake.

Even if the government already lent out $3 billion, they can still give more money to help the hospital repair the damage because earthquakes are a special case.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 129210 Health Facility Loan Insurance Limit

(a) The department’s authorization to insure health facility construction, improvement, and expansion loans under this chapter shall be limited to a total of not more than three billion dollars ($3,000,000,000). (b) Notwithstanding the limitation in subdivision (a), the department may exceed the specific dollar limitation in either of the following instances: (1) Refinancing a preexisting loan, if the refinancing results in savings to the health facility and increases the probability that a loan can be repaid. (2) The need for financing results from earthquakes or other natural disasters. (Amended by Stats. 2021, Ch. 143, Sec. 269. (AB 133) Effective July 27, 2021.)

Last verified: January 23, 2026

Key Terms

disaster health facility limitation the california department effective july repayment authorization

References

Official text at leginfo.legislature.ca.gov
California Legislature. Health and Safety Code. Section 129210.

§ 129210 Health Facility Loan Insurance Limit

Health and Safety Code·California

AI SummaryVerified

§ 129210 Health Facility Loan Insurance Limit

Key Takeaways

•The government can lend up to $3 billion to help build, fix, or expand hospitals and clinics.
•They can lend more than $3 billion only in two cases: to refinance old loans (if it saves money and helps repay the loan) or if there’s a natural disaster like an earthquake.
•The goal is to make sure hospitals can get the money they need without wasting it.

Example

A hospital needs money to fix damage after an earthquake.

Even if the government already lent out $3 billion, they can still give more money to help the hospital repair the damage because earthquakes are a special case.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 129210 Health Facility Loan Insurance Limit

Last verified: January 23, 2026

Key Terms

disaster health facility limitation the california department effective july repayment authorization

References

Official text at leginfo.legislature.ca.gov
California Legislature. Health and Safety Code. Section 129210.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References