This legislative bill, S.F. No. 1080, introduced in Minnesota, aims to address financial challenges faced by ambulance services. It proposes the creation of an "Ambulance Operating Deficit Grant Program." This program would provide financial support to eligible ambulance service providers who are experiencing operating deficits. These deficits occur when the revenue from insurance and other sources is not sufficient to cover operational and capital expenses.

Key components of the proposed bill include:

1. Creation of a Grant Program: Establishes a program to award grants to ambulance services facing revenue shortfalls.
2. Definitions and Eligibility: Clarifies what counts as capital and operational expenses, and defines the criteria for ambulance services to qualify for these grants.
3. Exclusions: Certain providers, such as those offering specialized life support services or providers operating in specific large cities or metropolitan areas, are excluded from the program.
4. Funding: Introduces an operating deficit account within the state’s special revenue fund to manage and allocate funds for this program.
5. Application and Award Process: Details the application process for ambulance services to apply for grants, including the requirement for government licensees to have a resolution of support from their governing body.
6. Limitations and Reporting: Places limits on the grant amounts and requires an annual report on the program's outcomes and financial status.

Overall, the bill is designed to help ambulance services manage their finances more effectively, ensuring they can continue to provide critical emergency medical services.