Mass. Gen. Laws ch. 29 § 2PPP

Current through Chapter 216 of the 2024 Legislative Session
Section 29:2PPP - [Effective Until the later of (i) one full calendar month following the calendar month in which the secretary receives all federal approvals deemed necessary to implement said sections; or (ii) October 1, 2024] Essential Community Provider Trust Fund

There is hereby established and set up on the books of the commonwealth a separate fund to be known as the Essential Community Provider Trust Fund, in this section called the trust fund. There shall be credited to the trust fund: (a) any funds that may be appropriated or transferred for deposit into the trust fund; and (b) any income derived from investment of amounts credited to the trust fund. In conjunction with the preparation of the commonwealth's annual financial report, the comptroller shall prepare and issue an annual report detailing the revenues and expenditures of the trust fund. The comptroller shall certify payments, including payments during the accounts payable period, in anticipation of revenues, including receivables due and collectibles during the months of July and August, from the trust fund for the purpose of making authorized expenditures. The health safety net office shall administer the trust fund and disburse funds from the trust fund to pay acute hospitals and community health centers under clause (6) of subsection (b) of section 65 of chapter 118E and any further regulations promulgated by the office.

Mass. Gen. Laws ch. 29, § 2PPP

Amended by Acts 2012 , c. 165, § 112, eff. 1/1/2013.
Amended by Acts 2012 , c. 224, § 26, eff. 11/4/2012.
Amended by Acts 2007 , c. 205, § 4, eff. 2/27/2008.
Added by Acts 2006 , c. 58, § 8, eff. 4/12/2006.
This section is set out more than once due to postponed, multiple, or conflicting amendments.