§ 19-3505. Deposit and Distribution of Tax Revenues. 698

{ Section 19-3505 - Conditional Amendment }

   (1)   The Department shall collect the Assessments from General Acute Care Hospitals and High Volume Medicaid Hospitals and deposit the revenues received therefrom in a special fund established for purposes set forth herein. 699

   (2)   The special fund established under subsection (1) shall be used solely as follows:

      (a)   Remittance to the Commonwealth for deposit into that restricted account within the General Fund established by the Commonwealth for appropriation to the Commonwealth Department of Human Services for such purposes as may be authorized by law. 700

      (b)   In amounts authorized pursuant to an agreement between the Revenue Commissioner and the Secretary, to fund the City's costs of administration and collection of the assessments; and to fund a portion of the City's costs of operating public health programs, including public health clinics. 701

 

Notes

698	Enrolled Bill No. 080465 erroneously numbered this as Section 19-3503; renumbered by Code editor.
Section 19-3505 - Conditional Amendment	This section has been amended by Bill No. 240467 (approved June 26, 2024). Secton 4 of Bill No. 240467 provides: "Sections 1 and 2 of this Ordinance shall be effective upon certification by the City Solicitor to the Chief Clerk of Council that the necessary authorizing legislation has been enacted by the General Assembly and that the Revenue Commissioner and the Commonwealth Secretary of Human Services have entered into an agreement regarding authorized retention of funds by the City; provided that Sections 1 and 2 shall have no applicability to any assessments for periods prior to July 1, 2024. Sections 1 and 2 of this Ordinance and the assessments imposed thereunder are subject to all of the conditions and requirements specified under the aforementioned State authorizing legislation. To the extent any quarterly due date authorized by Sections 1 and 2 occurred prior to the Effective Date of Sections 1 and 2, the payments that would have been due on such dates shall become due, in one lump sum, at the next due date following such Effective Date."
699	Amended, Bill No. 090446-A (approved June 26, 2009). See note 685 for effective date provisions.
700	Amended, Bill No. 090446-A (approved June 26, 2009). See note 685 for effective date provisions. Amended, Bill No. 190440 (approved June 26, 2019). See note 684 for effective date provisions.
701	Amended, Bill No. 190440 (approved June 26, 2019). See note 684 for effective date provisions.