LD 1573 LR 2442(03)
An Act To Improve Hospital Governance by Clarifying the Requirement for a Certificate of Need for Intracorporation Transfers
Fiscal Note for Bill as Engrossed with:
C "A" (S-410)
Committee: Health and Human Services
Fiscal Note
Current biennium savings - Other Special Revenue Funds
Current biennium revenue decrease - Other Special Revenue Funds
Fiscal Detail and Notes
The bill provides an exception to the certificate of need requirement for a health care facility in certain cases of change in ownership. This will reduce the number of certificate of need application requests, reducing Other Special Revenue Funds revenue from application fees. With fewer certificates of need to process, the Department of Health and Human Services will incur Other Special Revenue Funds cost savings. No estimate is made of the amount of any revenue decrease or of cost savings at this time, but given that the fees were designed to offset the costs, any net fiscal impact to the program is not expected to be significant.