1. (1) There is created an expendable special revenue fund known as the "Hospital Provider Assessment Expendable Revenue Fund."

2. (2) The fund shall consist of:

   1. (a) the assessments collected by the department under Chapter 3, Part 7, Hospital Provider Assessment;
   2. (b) any interest and penalties levied with the administration of Chapter 3, Part 7, Hospital Provider Assessment; and
   3. (c) any other funds received as donations for the fund and appropriations from other sources.

3. (3) Money in the fund shall be used:

   1. (a) to support capitated rates consistent with Subsection 26B-3-705(1)(d) for accountable care organizations as defined in Section 26B-3-701;
   2. (b) to implement the quality strategies described in Subsection 26B-3-707(2), except that the amount under this Subsection (3)(b) may not exceed $211,300 in each fiscal year;
   3. (c) to implement Subsection 26B-3-707(1)(c), including monitoring Medicaid accountable care organizations' distribution of funds to hospitals, except that the amount under this Subsection (3)(c) may not exceed $200,000 in each fiscal year; and
   4. (d) to reimburse money collected by the division from a hospital, as defined in Section 26B-3-701, through a mistake made under Chapter 3, Part 7, Hospital Provider Assessment.

Amended by Chapter 236, 2026 General Session