Securing guarantees for transferred debts
Act amending the Act on the Municipal Guarantee Board
The Municipal Guarantee Board will be able to guarantee funding related to debts transferred to regions in the health and social services and regional reform. As a result, existing loans of municipalities and joint municipal authorities will not need to be terminated before maturity.
- Status
- Lapsed
- Submitted
- 15 Feb 2018
- Latest event
- 18 Apr 2019
- Votes
- 0
- Speeches
- 8
- Source
- eduskunta.fi ↗
What is proposed
A provision will be added to the act allowing the Municipal Guarantee Board to grant guarantees for funding by Municipality Finance that finances debts, hedging arrangements, and other commitments transferred to regions and their service centres in the health and social services and regional reform.
What it means
The amendment prevents the early termination of existing credit facilities and the resulting additional costs. Under the reform, an estimated 2.9 billion euros in loans of joint municipal authorities were expected to transfer to the responsibility of the regions at the beginning of 2020, of which Municipality Finance accounted for approximately 1.45 billion euros. Because the transferred debts will receive a state guarantee, the actual financial liability of municipalities will decrease without the regions needing to become members of the Municipal Guarantee Board.
How Parliament voted
No plenary votes were held on the bill.
Debate in the chamber
What was argued and where each group stood, followed by MPs' speeches verbatim from the parliamentary record. Speeches are shown in their original language.
8 speeches · 6 speakers · 1 debate
Key points of the debate
The debate addressed the amendment to the Act on the Municipal Guarantee Board, which secures guarantees for the funding of joint municipal authority debts transferred to the regions. The debate was unanimous, and the proposal was considered a necessary and workable arrangement for the transition period. Speeches mainly considered longer-term funding solutions and the possible future role of the regions.
- Centre PartyIn favour
The Centre Party supported the proposal because it ensures that hospital investments and transferred debts retain their favourable financing position during the reform without endangering the operations of Municipality Finance.
”On aivan hyvä, että uudessa tilanteessa huolehditaan siitä, että myös nämä uudet toimijat saavat yhtä edullista lainaa tarpeisiinsa, kun palveluita kansalaisille kehitetään.”
— Hannu Hoskonen - Finns PartyIn favour
The Finns Party considered the theme of the proposal important and enquired about the possibility of regions joining as members of the Guarantee Board in the future if regions were to receive the right to levy taxes.
”voisivatko sitten siinä tapauksessa nämä maakunnat olla tämän takauskeskuksen jäseninä?”
— Juho Eerola - Social DemocratsIn favour
The Social Democrats considered the proposal a workable solution for transferring debts during the transition period, but raised the question of the regions' possible future membership in Municipality Finance.
”Ymmärrän hyvin, minkä takia siirtymäkaudella eivät maakunnat voikaan tulla Kuntarahoituksen jäseniksi.”
— Joona Räsänen
This digest was generated by AI from 8 speeches 13 Sep 2026. Group positions are read from the speeches, not from votes; quotations were checked verbatim against the record.
Keskustelu päättyi. Asia lähetettiin hallintovaliokuntaan, jolle perustuslakivaliokunnan on annettava lausunto.
Stages of consideration
The bill's path from the preliminary debate to the decision, as recorded by Parliament.
- 15 Feb 2018Eduskuntakäsittelyn vireilletulo · Valtiovarainministeriö
- 22 Feb 2018Lähetekeskustelu · Täysistunto
Decisions by law proposal1
- 1Laki Kuntien takauskeskuksesta annetun lain muuttamisesta
Proposed law text
The law proposals in the bill as the Government presented them. The final act may differ after committee consideration.
The law text is shown in Finnish or Swedish from Parliament's official documents; it is not translated into English.
Laki Kuntien takauskeskuksesta annetun lain muuttamisesta
Eduskunnan päätöksen mukaisesti lisätään Kuntien takauskeskuksesta annettuun lakiin (487/1996) uusi 1 b § seuraavasti:
1 b §Takaukset maakuntien perustamisesta aiheutuviin muutoksiin
Sen estämättä, mitä 1 ja 1 a §:ssä säädetään, takauskeskus voi myöntää takauksia 1 §:ssä tarkoitettujen luottolaitosten varainhankinnalle, jos luottolaitos käyttää hankkimiaan varoja maakuntalain, sosiaali- ja terveydenhuollon järjestämisestä annetun lain ja pelastustoimen järjestämisestä annetun lain voimaapanosta annetun lain (/) 19 ja 23 §:ssä tarkoitettuihin siirtyviin velkoihin ja muihin sitoumuksiin sekä niihin liittyviin koron- ja valuutanvaihtosopimuksiin sekä muihin vastaaviin suojausjärjestelyihin.
§
Tämä laki tulee voimaan päivänä kuuta 20 .
Main content of the bill (official)
The summary and title were produced with AI on 13 Sep 2026. They are not official documents – check the details in the original bill. The title and summaries are machine translations of the Finnish AI summaries. Speeches and quotations are always shown in their original language.