N.C. Gen. Stat. § 108A-147.7

Current through Session Law 2024-58
Section 108A-147.7 - Administration component
(a) The administration component is an amount of money that is calculated by adding the State administration subcomponent calculated under subsection (b) of this section and the county administration subcomponent calculated under subsection (c) of this section.
(b)[Contingent Expiration - See Note]For each quarter of the 2023-2024 State fiscal year, the State administration subcomponent is the product of one million three hundred fifty thousand dollars ($1,350,000) multiplied by the number of months in that State fiscal quarter in which G.S. 108A-54.3A(24) is effective during any part of the month. For each quarter of the 2024-2025 State fiscal year, the State administration subcomponent is four million one hundred eighty-seven thousand seven hundred dollars ($4,187,700). For each subsequent State fiscal year, the State administration subcomponent shall be increased over the prior year's quarterly amount by a percentage that is the sum of each monthly percentage change in the Consumer Price Index: All Urban Consumers for the most recent 12 months available on March 1 of the previous State fiscal year.
(c) For each quarter of the 2022-2023 State fiscal year and the 2023-2024 State fiscal year, the county administration subcomponent is the product of one million six hundred sixty-seven thousand dollars ($1,667,000) multiplied by the number of months in that State fiscal quarter in which G.S. 108A-54.3A(24) is effective during any part of the month. The county administration subcomponent is seven million four hundred thousand dollars ($7,400,000) for each quarter of the 2024-2025 State fiscal year and seven million eight hundred thousand dollars ($7,800,000) for each quarter of the 2025-2026 State fiscal year. For each State fiscal year after the 2025-2026 State fiscal year, the county administration subcomponent shall be increased over the prior year's quarterly amount by a percentage that is the sum of each monthly percentage change in the Consumer Price Index: All Urban Consumers for the most recent 12 months available on March 1 of the previous State fiscal year.

N.C. Gen. Stat. § 108A-147.7

Amended by 2024 N.C. Sess. Laws 28,s. 5.1-d, eff. 7/1/2024, effective on the first day of the next assessment quarter after the date this act becomes law and applies to assessments imposed on or after that date.
Amended by 2023 N.C. Sess. Laws 7, s. 1.6-e, eff. 3/27/2023, app. to assessments imposed on or after its effective date.
Added by 2023 N.C. Sess. Laws 7, s. 1.6-b, eff. 3/27/2023, op. on the first day of the next assessment quarter after this act becomes law. Subsection (e) of this section becomes effective on the later of the following dates: (i) the first day of the next assessment quarter after the Centers for Medicare and Medicaid Services (CMS) approve the initial 42 C.F.R. § 438.6(c) preprint requesting approval of the healthcare access and stabilization program (HASP) submitted in accordance with G.S. 108A-148.1 or (ii) the first day of the next assessment quarter after this act becomes law.
Contingent Expiration:2023 N.C. Sess. Laws 7, s. 1.6-e, provides: The Secretary of the Department of Health and Human Services shall notify the Fiscal Research Division and the Revisor of Statutes of the date that CMS approves of the initial 42 C.F.R. § 438.6(c) preprint requesting approval of the HASP program submitted in accordance with G.S. 108A-148.1, as enacted by Section 1.4 of this act. If, by June 30, 2025, the Department of Health and Human Services has not received approval of that preprint, then subsection (e) of this section shall expire on that date.