Code of Massachusetts Regulations
101 CMR - EXECUTIVE OFFICE FOR HEALTH AND HUMAN SERVICES
Title 101 CMR 701.00 - COMMUNITY HOSPITAL REINVESTMENT TRUST FUND PAYMENTS AND FUNDING
Section 701.03 - Sources and Uses of Fund
Universal Citation: 101 MA Code of Regs 101.701
Current through Register 1531, September 27, 2024
(1) General. The Trust Fund may include money from public and private sources, including gifts, grants and donations, interest earned on such money, any other money authorized by the general court and specifically designated to be credited to the fund (including, but not limited to, transfers from the Center), and any funds provided from other sources.
(2) Transfers from the Center.
(a)
State
Fiscal Year 2017. Subject to appropriation, and not later than
June 30, 2017, the Center will transfer $5,000,000 to the Trust Fund.
(b)
State Fiscal Years 2018
Through 2021. Subject to appropriation, and not later than June
30th of each year, beginning with State Fiscal Year
2018 through State Fiscal Year 2021, the Center will annually transfer
$10,000,000 to the Trust Fund.
(3) Payment to Acute Care Hospitals. In each state fiscal year in which funding is available in the Trust Fund, such funding shall be used to provide payments to eligible acute care hospitals, pursuant to 101 CMR 701.04.
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