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Representative seeks to restore state hospital funding with $330 million package including letter of credit
Summary
A proposal on the committee floor would restore previously cut items to the new state hospital plan, proposing $330 million with $200 million in cash (SIF) and $130 million via a Bank of North Dakota letter of credit.
Representative Murphy asked the committee to restore most cuts to the state hospital construction project and proposed an appropriation package totaling $330 million: $200 million funded from the State Infrastructure Fund (SIF) in the biennium and $130 million provided through a letter of credit from the Bank of North Dakota.
"I'd like to add that the fetal — new state hospital $330,000,000 — 200,000,000 would be funded from CIF in this biennium…
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