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Bad news for hospitals across California as new bill strips important tool to relieve debt

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An assembly bill aimed at creating forgiveness loans for hospital in debt has been crushed even before the public had a chance to voice its opinion in the November elections. The legislation’s author, District 27 Assembly member Esmeralda Soria, revised the existing Assembly Bill 1923 and amended it with an initiative to continue a half-cent sales tax in Fresno County, which would raise funds for road improvements. 4 Assembly Bill 1923 was originally intended to help financially struggling hospitals by creating a loan forgiveness program.

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