Authorizing the creation of a State Debt not to exceed $5,000,000, the
proceeds to be used as a grant to specified Boards of Directors of
specified hospitals for specified development or improvement purposes;
providing for disbursement of the loan proceeds, subject to a
requirement that the grantees provide and expend matching funds;
prohibiting the use of the loan proceeds or the matching fund from
being used for sectarian religious purposes; establishing a deadline
for the encumbrance or expenditure of the loan proceeds; etc.