Vermont Statutes Title 8 Sec. 8016
Terms Used In Vermont Statutes Title 8 Sec. 8016
- Commissioner: means the Commissioner of Financial Regulation. See
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Department of Financial Regulation. See
- Facility: means a place or places in which a resident receives continuing care. See
- Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
- 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.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Provider: means the person who enters into a contract to provide continuing care to a resident. See
§ 8016. Fees for administration of this chapter
(a) An application for a certificate of authority shall be accompanied by a fee of $1,500.00.
(b) The Department shall be reimbursed for any expenses it reasonably incurs itself or by its agents in pursuing the following statutory duties:
(1)(A) review of rates charged by operators;
(B) review of contract forms;
(C) monitoring compliance with statutory and regulatory requirements;
(D) general enforcement of statutory requirements; and
(E) preparation and publication of a consumers’ guide.
(2) The Commissioner shall annually, before August 16, apportion the expenses incurred in performing the enumerated duties among providers based on their annual gross revenue for their most recent fiscal year.
(c) The Department shall be reimbursed by a provider for any expenses reasonably incurred by the Department or by its agents, in pursuing its financial and market conduct examinations, reviewing the sale or transfer of a facility to another operator, conducting specific enforcement actions, and carrying out investigations and rehabilitation activities under this chapter. (Added 1987, No. 247 (Adj. Sess.), § 1; amended 2023, No. 6, § 73, eff. July 1, 2023.)