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District of ColumbiaPR26-0344Council Period 26 (2025-2026)HouseWALLET

Children’s Hospital Revenue Bonds Project Approval Resolution of 2025

Sponsored By: Phil Mendelson (Democratic)

Became Law

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 0 costs, 2 mixed.

Approval for tax‑exempt hospital financing

The Council provides the public approval needed for tax‑exempt bond financing. A public hearing is held as required. This lets the project borrow at tax‑exempt rates, which can lower interest costs.

Children’s Hospital upgrades financed by bonds

The law lets the District issue up to $550 million in revenue bonds. The District loans the money to Children’s National Hospital for upgrades at its main campus. Funds add 14 PICU beds, renovate the ER, and build a Special Maternal Delivery Unit. Money also installs the EPIC medical record and billing system, can refinance 2015 hospital bonds, and can cover interest, reserves, and issuance costs.

No taxpayer guarantee; hospital pays fees

These bonds are special obligations of the District. The District does not pledge taxes or its full faith and credit. Bondholders are paid only from loan and other pledged revenues. The Mayor charges the hospital program fees to cover issuing and monitoring the bonds.

How the District issues these bonds

The Mayor sets final bond terms and may delegate duties to authorized officials. Bonds can be sold by negotiation or competition and need an approving Bond Counsel opinion before issue. The District can issue refunding bonds, but total bonds outstanding cannot exceed $550 million. The authority to issue ends if no bonds are delivered within three years of adoption.

Sponsors & Cosponsors

Sponsor

  • Phil Mendelson

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 13 • No: 0

House vote • 11/18/2025

Final Reading, CC

Yes: 13 • No: 0

Actions Timeline

  1. Resolution R26-0253, Effective from Nov 18, 2025 Published in DC Register Vol 72 and Page 013104

    11/28/2025House

  2. Approved with Resolution Number R26-0253

    11/18/2025House

  3. Legislative Meeting

    11/18/2025House

  4. Committee Report Filed by the Business and Economic Development Committee, Includes Hearing Record

    11/13/2025House

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

    11/12/2025House

  6. Notice of Mark-up filed in the Office of Secretary

    11/10/2025House

  7. Roundtable on PR26-0344

    10/29/2025House

  8. Notice of Roundtable Published in the District of Columbia Register

    10/24/2025House

  9. Notice of Intent to Act on PR26-0344 Published in the District of Columbia Register

    10/24/2025House

  10. Notice of Roundtable filed in the Office of Secretary

    10/21/2025House

  11. Referred to Committee on Business and Economic Development

    10/21/2025House

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

    10/10/2025House

Bill Text

  • Enrollment

    11/18/2025

    PDF

  • Introduced

    10/10/2025

    PDF

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