Kentucky Statutes 205.6408 – Uses of excess disproportionate share taxes
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Beginning in state fiscal year 2020 and continuing thereafter, the qualifying hospital disproportionate share percentage of the excess disproportionate share taxes shall be transferred to the hospital Medicaid assessment fund and used for the state matching dollars for the payments made under KRS § 205.6406. The university hospital disproportionate share percentage of the excess disproportionate share taxes shall be used for the state matching dollars for supplemental payments to university hospitals or used for state mental hospital reimbursement purposes, as applicable.
Effective: June 27, 2019
History: Created 2019 Ky. Acts ch. 114, sec. 4, effective June 27, 2019.
Effective: June 27, 2019
Terms Used In Kentucky Statutes 205.6408
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
History: Created 2019 Ky. Acts ch. 114, sec. 4, effective June 27, 2019.