PR 26-0344 Legislature · 26th Council Period (2025-2026)

Children’s Hospital Revenue Bonds Project Approval Resolution of 2025

This resolution authorizes the District of Columbia to issue up to $550 million in tax-exempt revenue bonds for Children's Hospital. The funds will refund previous bonds ($373.96 million from 2015) and finance specific hospital improvements at its 111 Michigan Avenue NW location, including a new Pediatric ICU wing, ER renovations, a Special Maternal Delivery Unit, and new electronic medical record software. The bonds are structured as non-recourse debt, meaning the District bears no financial liability if the hospital cannot repay them, and the proceeds will not use District tax revenue or credit. The resolution directly affects Children's Hospital as the beneficiary of the bond proceeds for its capital projects.

Issues: ✓ Healthcare

Sub-Topics: Children's Health Hospitals

Bill status signed all 4 stages cleared

Introduction

Oct 2025

Committee Review

Nov 2025

Council Passage

Nov 2025

Signed into Law

Nov 2025

Introduced Oct 10, 2025 Signed Nov 18, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduction → Enrollment · 4 edits

MODERATE

The bill was converted from a draft proposal to an enrolled, final version. The most significant substantive change is the addition of Section 3 (Findings), which explicitly states that the project serves the District's public interest by improving health facilities and creating jobs. Minor technical updates include correcting a typo in the letterhead, clarifying the date, and adding specific legal citations to the project description.

Scope change

The scope of the project description was slightly expanded to explicitly include funding for debt service reserve funds and liquidity costs, and the legal basis for the project was formally documented in new findings.

REQUIREMENT

Added Section 3 (Findings) to formally declare that the project serves the public interest, improves health facilities, and creates jobs, which is a standard requirement for revenue bond approvals.

SCOPE

Expanded the definition of the 'Project' to explicitly include funding for debt service reserve funds and liquidity costs, broadening the types of expenses the bonds can cover.

TECHNICAL

Corrected a typo in the letterhead ('Tue' changed to 'The') and updated the document date to November 18, 2025, reflecting its status as an enrolled bill.

Added specific legal citations (Resolution No. 21-112 and D.C. Register page numbers) to the description of the bonds being refunded for clarity.

Floor votes · Council Nov 18, 2025

How they voted

13–0

Passed

Total votes 13

Nov 18, 2025

D Democratic11

11 Yea

100% Yea

I Independent2

2 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Nov 18, 2025

Council · Passed

Council Vote: pass (13-0)

council

Nov 12, 2025

Legislature · Passed

Committee Mark-up of PR26-0344 by the Business and Economic Development Committee

legislature

Oct 21, 2025

Committee

Referred to Committee on Business and Economic Development

legislature

Oct 10, 2025

Introduced

PR26-0344 Introduced by Chairman Mendelson at Office of the Secretary

legislature

1 primary · 0 co-sponsors