Bill Summary for H 228 (2023-2024)

Printer-friendly: Click to view

Summary date: 

Jun 11 2024

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 228 (Public) Filed Tuesday, February 28, 2023
AN ACT TO MAKE VARIOUS TECHNICAL, CLARIFYING, AND ADMINISTRATIVE CHANGES TO THE REVENUE LAWS, TO MAKE TECHNICAL CHANGES TO THE MEDICAID HOSPITAL ASSESSMENT STATUTES, AND TO UPDATE THE DEFINITION OF A THRESHOLD EXCLUSION, AND TO INCREASE THE BOND DEBT LIMIT FOR THE HOUSING FINANCE AGENCY.
Intro. by Bradford, Setzer, Kidwell, Wray.

View: All Summaries for BillTracking:

Bill summary

Senate committee substitute to the 4th edition makes the following changes.

Amends GS 108A-145.3 by amending the following definitions as they apply to the Hospital Assessment Act. Defines Consumer Price Index: All Urban consumers as the Consumer Price Index for All Urban Consumers for the South Region published by the Bureau of Labor Statistics of the US Department of Labor (was, the most recent Consumer Price index for All Urban Consumers for the South Region published by the Bureau of Labor Statistics of the US Department of Labor available on March 1 of the previous State fiscal year). Defines the Consumer Price Index: Medical Care as the Consumer Price Index (was, most recent Consumer Price Index) for all Urban Consumers for Medical Care, US city average, seasonally adjusted, published by the Bureau of Labor Statistics of the US Department of Labor. Defines Medicare Economic Index as the percent change in the Medicare Economic Index established in rule by CMS and in effect on March 1 of the previous State fiscal year (was, the index published by the Medicare Economic Index Technical Advisory Panel).

Further amends GS 108A-147.7, concerning the State administrative component, to set the State administration subcomponent for each quarter of the 2024-25 Sate fiscal year at $4,187,700 (was, $4,050,000 increased by the Consumer Price Index: All Urban Consumers in the current law and $4,050,000 increased by a percentage that is the sum of each monthly percentage change in the Consumer Price Index: All Urban consumers for the most recent 12 months available on the first day of the current quarter in the previous edition). Amends the calculation of the amount of the increase for the State administration subcomponent and the county administration subcomponent for subsequent State fiscal years so that it is tied to the changes in the Consumer Price Index: All Urban Consumer for the most recent 12 months available on March 1 of the previous State fiscal year (was, for the most recent 12 months available on the first day of the current quarter).

Adds a new Part to the act that amends GS 20-79.7 by increasing from $20 to $30 the additional fee for the NC Tennis Foundation license plate; makes a corresponding $10 increase in the amount that is to be credited to the Collegiate and Cultural Attraction Plate Account, so that it is now $20. Effective July 1, 2024.