Sec. ZZ-1. 36 MRSA §2891, sub-§4, as enacted by PL 2003, c. 513, Pt. H, §1, is repealed.
Sec. ZZ-2. 36 MRSA §2892, as amended by PL 2003, c. 673, Pt. HH, §3 and affected by §§6 and 7, is further amended to read:
For the state fiscal year beginning on July 1, 2003, a tax is imposed against each hospital in the State. The tax is equal to .74% of net operating revenue for the tax year as identified on the hospital's most recent audited annual financial statement for that tax year. Delinquent tax payments are subject to Title 22, section 3175-C.
For state fiscal years beginning on or after July 1, 2004, a tax is imposed annually against each hospital in the State. The tax is equal to 2.23% of the hospital's net operating revenue
used in the determination of the tax due for the state fiscal year beginning on July 1, 2003as identified in the hospital's audited financial statement for the hospital's taxable year. For the state fiscal year beginning July 1, 2004, the hospital's taxable year is the hospital's fiscal year that ended during calendar year 2002. For the state fiscal year beginning July 1, 2005, the hospital's taxable year is the hospital's fiscal year that ended during calendar year 2003. For state fiscal years beginning on or after July 1, 2006, the hospital's taxable year is the hospital's fiscal year that ended during calendar year 2004.Sec. ZZ-3. Appropriations and allocations. The following appropriations and allocations are made.
HEALTH AND HUMAN SERVICES,
DEPARTMENT OF (FORMERLY DHS)
Medical Care - Payments to Providers 0147
Initiative: Reduces funding to be replaced by dedicated revenue from increased hospital tax revenue and allocates dedicated revenue from increased hospital tax.
GENERAL FUND 2005-06 2006-07
All Other ($2,867,627) ($3,929,172)
__________ __________
GENERAL FUND TOTAL ($2,867,627) ($3,929,172)
FEDERAL EXPENDITURES FUND 2005-06 2006-07
All Other $2,867,627 $3,929,172
__________ __________
FEDERAL EXPENDITURES
FUND TOTAL $2,867,627 $3,929,172
OTHER SPECIAL REVENUE
FUNDS 2005-06 2006-07
All Other $4,400,225 $6,029,111
__________ __________
OTHER SPECIAL REVENUE
FUNDS TOTAL $4,400,225 $6,029,111
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