Utah Code § 26B-1-316

Current through the 2024 Fourth Special Session
Section 26B-1-316 - Hospital Provider Assessment Expendable Revenue Fund
(1) There is created an expendable special revenue fund known as the "Hospital Provider Assessment Expendable Revenue Fund."
(2) The fund shall consist of:
(a) the assessments collected by the department under Chapter 3, Part 7, Hospital Provider Assessment;
(b) any interest and penalties levied with the administration of Chapter 3, Part 7, Hospital Provider Assessment; and
(c) any other funds received as donations for the fund and appropriations from other sources.
(3) Money in the fund shall be used:
(a) to support capitated rates consistent with Subsection 26B-3-705(1)(d) for accountable care organizations as defined in Section 26B-3-701;
(b) to implement the quality strategies described in Subsection 26B-3-707(2), except that the amount under this Subsection (3)(b) may not exceed $211,300 in each fiscal year; and
(c) to reimburse money collected by the division from a hospital, as defined in Section 26B-3-701, through a mistake made under Chapter 3, Part 7, Hospital Provider Assessment.

Utah Code § 26B-1-316

Amended by Chapter 284, 2024 General Session ,§ 1, eff. 5/1/2024.
Renumbered from § 26-36d-207 and amended by Chapter 305, 2023 General Session ,§ 38, eff. 5/3/2023.
Amended by Chapter 495, 2023 General Session ,§ 2, eff. 5/3/2023.
Amended by Chapter 20, 2020SP5 General Session ,§ 11, eff. 7/1/2020.
Repealed and reenacted by Chapter 455, 2019 General Session ,§ 10, eff. 5/14/2019.
Added by Chapter 1, 2018SP3 General Session ,§ 42, eff. 12/3/2018.

Affected by 63I-1-226 on 7/1/2024