SF0005

Authorizes county memorial hospitals and hospital districts to file for bankruptcy under chapter 9 of the United States bankruptcy code.

• Allows trustees of county memorial hospitals to vote to file for bankruptcy under federal chapter 9 or to dissolve and terminate the hospital. (W.S. 18-8-109(a), Sec. 1)
• Requires approval by the board of county commissioners before any bankruptcy petition or dissolution plan by memorial hospital trustees becomes effective. (W.S. 18-8-109(b), Sec. 1)
• Permits memorial hospital trustees to take all necessary actions to obtain confirmation of a bankruptcy plan or to effectuate dissolution once county commissioners approve. (W.S. 18-8-109(c), Sec. 1)
• Allows trustees of hospital districts to vote to file for bankruptcy under federal chapter 9 or to dissolve and terminate the district. (W.S. 35-2-438(a), Sec. 1)
• Exempts hospital district bankruptcy filings from requiring a vote of qualified electors and requires the bankruptcy petition and initial debt adjustment plan to be posted on the district's website for at least seven days before trustees consider it at a public meeting. (W.S. 35-2-438(d), Sec. 1)
• Permits hospital district trustees to take all necessary actions to obtain confirmation of a bankruptcy plan once trustees approve the petition and initial debt adjustment plan. (W.S. 35-2-438(d), Sec. 1)

Effective: July 1, 2026

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