CURE Borrowing Act

P.A. 101-0630

Authorizes the State to borrow up to $5 billion from the U.S. Federal Reserve or other U.S. Federal lender to meet COVID-19 related failures of State revenue, provide funds for State COVID-19 expenditures, and among other provisions, provide matching funds for payment or reimbursement of costs payable from the Health Insurance Reserve Funds.