D.C. Code § 7-1931

Current through codified emergency legislation effective July 18, 2024
Section 7-1931 - Community Health Care Financing Fund; establishment, purpose
(a) There is hereby established within the General Fund a special nonlapsing interest earning account to be designated as the Community Health Care Financing Fund ("Fund"), into which the Chief Financial Officer shall deposit all:
(1) Proceeds received by the District from the sale by the District of Columbia Tobacco Settlement Financing Corporation of its Tobacco Settlement Asset-Backed Bonds, Series 2006;
(2) Receipts from any fees and taxes specifically identified by District law to be paid into the Fund;
(3) All payments received from Greater Southeast Investment, L.P., relating to its loans of approximately $49 million to Specialty Hospitals of America, LLC, or certain of its subsidiaries;
(4) The District's share of any proceeds arising from a disposition of all or any part of the land and improvements on Lots 3 and 4, Square 5919; and
(5) Fees collected pursuant to § 50-1501.02 f(b)(1).
(b) The purposes of the Fund shall be to directly pay to promote health care and for the delivery of health care related services in the District, including the construction of health care facilities and the operation of health care related programs, promoting breast cancer prevention and treatment, or to reimburse any account of the General Fund for its expenditures for these purposes.
(c) All interest generated by the Fund shall be retained by the Fund.

D.C. Code § 7-1931

Mar. 14, 2007, D.C. Law 16-288, § 101, 54 DCR 976; July 18, 2008, D.C. Law 17-186, § 2, 55 DCR 6113; Nov. 27, 2018, D.C. Law 22-185, § 3, 65 DCR 11404.

Section 10022 of D.C. Law 19-21 provided: "Sec. 10022. Notwithstanding any provision of law limiting the use of funds in the Community Health Care Financing Fund established by section 101 of the Community Access to Health Care Omnibus Amendment Act of 2006, effective March 14, 2007 (D.C. Law 16-288; D.C. Official Code § 7-1931 ), the Chief Financial Officer shall transfer, from the certified resources of the Community Health Care Financing Fund, to the unrestricted fund balance of the General Fund, and recognize as revenue in fiscal year 2012, $5.126 million."