Language "Special funds amounting to one-half of the Certificate of Public Need (40608) application fees, which shall be distributed quarterly, plus any remaining funds from Certificate of Public Need application fees in excess of those required to operate the Certificate of Public Need Program."
Explanation(This amendment substitutes language contained in Item 290 B.1., Chapter 847, 2007 Acts of Assembly, which directs the Department of Health to provide regional health planning agencies with a portion of excess Certificate of Public Need (COPN) fees, after retaining balances in the fund equal to one month's operational costs in case of revenue shortfalls. The new language proposed in this amendment would direct the Department of Health to provide regional health planning agencies one-half of the COPN fees quarterly, plus any remaining funds in excess of those needed to operate the program. This amendment will replace language in Item 290 B.1, Chapter 847, 2007 Acts of Assembly, during enrolling of House Bill 29.)