HP1615
LD 2252
First Special Session - 123rd Legislature - Text: MS-Word, RTF or PDF LR 3429
Item 5
Bill Tracking Chamber Status

Amend the bill by inserting after Part B the following:

PART C

Sec. C-1. 24-A MRSA §6915,  as amended by PL 2007, c. 629, Pt. D, §3, is further amended to read:

§ 6915. Dirigo Health Enterprise Fund

The Dirigo Health Enterprise Fund is created as an enterprise fund for the deposit of any funds advanced for initial operating expenses, payments made by employers and individuals, revenues transferred pursuant to Title 28-A, section 1652, subsection 5 and Title 36, section 4853, any payments made pursuant to former section 6913 and section 6913-A and any funds received from any public or private source for the Dirigo Health Program and the Maine Individual Reinsurance Association established by chapter 54. An amount equal to 18.8% of the deposits received by the Dirigo Health Enterprise Fund from revenues transferred pursuant to Title 28-A, section 1652, subsection 5 and Title 36, section 4853, and revenues deposited pursuant to section 6913-A must be transferred to the Maine Individual Reinsurance Association by the first of each month beginning July 1, 2010 2009. The fund may not lapse, but must be carried forward to carry out the purposes of this chapter.

Sec. C-2. PL 2007, c. 629, Pt. K  is repealed.’

Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.

SUMMARY

This amendment changes the beginning date for certain funds to be transferred from the Dirigo Health Enterprise Fund to the Maine Individual Reinsurance Association from July 1, 2010 to July 1, 2009. It also removes a duplicative appropriations and allocations section and corrects a clerical error.


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