§ 25.5-4-402.7. Unexpended hospital provider fee cash fund - creation - transfer from hospital provider fee cash fund - use of fund - repeal

CO Rev Stat § 25.5-4-402.7 (2018) (N/A)
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(1) The unexpended hospital provider fee cash fund, referred to in this section as the "fund", is hereby created in the state treasury. On June 30, 2017, the state treasurer shall transfer to the fund all money in the hospital provider fee cash fund created in section 25.5-4-402.3 (4)(a), as that section existed before its repeal by Senate Bill 17-267, enacted in 2017. The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the general fund. Money in the fund is continuously appropriated to the state department through October 30, 2018, for the purpose of paying claims incurred before July 1, 2017, that were payable pursuant to section 25.5-5-402.3 (4), as that section existed before its repeal by Senate Bill 17-267, enacted in 2017. The state department shall refund any money in the fund derived from hospital provider fees that is not expended for the purpose of paying claims to the hospitals that paid the fees.

(2) This section is repealed, effective November 1, 2018.