CHAPTER 467

S.P. 424 - L.D. 1293

An Act To Improve the Fairness of the Health Care Provider

Tax and To Ensure Fair Implementation of Health Care

Reimbursement Reforms

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 36 MRSA §2871, sub-§2, as enacted by PL 2001, c. 714, Pt. CC, §3 and affected by §8, is amended to read:

2. Annual net operating revenue. "Annual net operating revenue" means gross charges less any amounts allowable recorded as bad debts, charity care or payer discounts in accordance with generally accepted accounting principles.

Sec. 2. 36 MRSA §2871, sub-§3, as enacted by PL 2001, c. 714, Pt. CC, §3 and affected by §8, is repealed.

Sec. 3. 36 MRSA §2871, sub-§3-A is enacted to read:

3-A.__Facility fiscal year.__"Facility fiscal year" means the fiscal year actually used by a person subject to this chapter in keeping that person's books and records.

Sec. 4. 36 MRSA §2871, sub-§6-A is enacted to read:

6-A.__State fiscal year.__"State fiscal year" means the uniform fiscal year established pursuant to Title 5, section 1501 for all financing and reporting of state government expenditures.

Sec. 5. 36 MRSA §2872, as enacted by PL 2001, c. 714, Pt.