6468 authorizes the state finance committee to issue general obligation bonds to provide needed capital improvements to increase behavioral health services in community settings.
The substitute bill does the following:
•Authorizes the State Finance Committee to issue up to $500 million in general obligation bonds to finance community-based mental health facilities; $250 million will be subject to the debt limit and $250 will be outside of the debt limit. The bonds would be issued over 10 years.
•Expands those to be served to include children with mental disorders
•Authorizes the Department of Commerce, in collaboration with the Department of Social and Health Services, to administer the grant program for disbursement of bond proceeds.