958 CMR, § 2.05

Current through Register 1533, October 25, 2024
Section 2.05 - Distribution of Funds
(1)General. Revenue collected by the Commission under 958 CMR 2.03 and 2.04 shall be immediately distributed by the comptroller in the following manner:
(a) 5% of all revenue collected shall first be transferred to the Health Care Payment Reform Fund, established under St. 2011, c. 194, § 100.
(b) The remaining revenue shall be distributed in the following manner:
1. 60% shall be transferred to the Distressed Hospital Trust Fund, established under M.G.L. c. 29, § 2GGGG;
2. 26 2/3% shall be transferred to the Prevention and Wellness Trust Fund, established under M.G.L. c. 111, § 2G ; and
3. 13 1/3% shall be transferred to the e-Health Institute Fund, established under M.G.L. c. 40J, § 6E.
(2)Waiver or Mitigation Adjustment. If the Commission grants a waiver or mitigation of any payment amounts under 958 CMR 2.03, the Commission shall adjust the distribution of collected funds to ensure that the total amount waived or mitigated is reduced from the amount to be deposited in the Distressed Hospital Trust Fund only.

958 CMR, § 2.05