Kentucky Statutes 205.638 – Portion of hospital provider tax collections to fund enhancements to inpatient payments to hospitals
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Notwithstanding KRS § 205.640 or any other provision of the Kentucky Revised Statutes to the contrary, the amount of twenty-six million six hundred seventy-three thousand seven hundred sixty-four dollars ($26,673,764) from hospital provider tax collections under KRS § 142.303 during state fiscal year 2008-2009 and continuing annually thereafter, shall be matched with federal funds and used solely to continue the enhancements implemented in state fiscal years 2006 and 2007 to inpatient payments to hospitals in the Commonwealth, including those hospitals paid under managed care arrangements. Any payments due pursuant to this section shall be made by July 30 of each state fiscal year.
Effective: June 26, 2007
History: Created 2007 Ky. Acts ch. 9, sec. 2, effective June 26, 2007.
Effective: June 26, 2007
Terms Used In Kentucky Statutes 205.638
- Federal: refers to the United States. See Kentucky Statutes 446.010
- 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
- Year: means calendar year. See Kentucky Statutes 446.010
History: Created 2007 Ky. Acts ch. 9, sec. 2, effective June 26, 2007.