Bill Summary for S 240 (2019-2020)

Summary date: 

Mar 13 2019

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 240 (Public) Filed Wednesday, March 13, 2019
AN ACT TO ESTABLISH THE NORTH CAROLINA HYPERBARIC OXYGEN THERAPY FUND.
Intro. by D. Davis, Krawiec, Perry.

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Bill summary

Enacts new Part 12, North Carolina Hyperbaric Oxygen Therapy Fund, consisting of new GS 143B-1317 under Article 14 of GS Chapter 143B. Creates the North Carolina Hyperbaric Oxygen Therapy Fund (Fund) to provide financial assistance to veterans for hyperbaric oxygen therapy. Places the fund in the Department of Military and Veterans Affairs, and provides that it consists of appropriations made by the NCGA, donations, gifts, devises, and earned revenue. Gives the Secretary of Military and Veterans Affairs sole authority in approving the use of the Fund but allows the Secretary to consult with the named entities regarding the use of the Fund. Allows the Secretary to seek that the Fund be reimbursed for the portion of a payment covered by the insurer or third party. 

Includes whereas clauses.

Effective July 1, 2019.

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