Arizona Revised Statutes Title 36. Public Health and Safety § 36-2999.73. Health care investment fund; purposes; approval

1. Monies deposited in the fund pursuant to § 36-2999.72.

2. Interest earned pursuant to this section.

3. Legislative appropriations.

1. To make directed payments to hospitals pursuant to 42 Code of Federal Regulations section 438.6(c) that supplement the base reimbursement level for hospital services to eligible persons as defined in § 36-2901.

2. To increase base reimbursement rates for services reimbursed under the administration's dental fee schedule and physician fee schedule, not including the physician drug fee schedule, to the extent necessary as determined by the administration to restore these providers' rates to the rate levels in existence before fiscal year 2008-2009, if these expenses do not exceed the lesser of $70,500,000 or twenty percent of the total assessment monies deposited pursuant to § 36-2999.72 for the fiscal year.

3. To pay for the nonfederal share of the costs for administrative expenses incurred by the administration or its agents in performing the activities authorized by this section, if these expenses do not exceed one percent of the total assessment monies deposited pursuant to § 36-2999.72 for the fiscal year.

1. Are exempt from the provisions of § 35-190 relating to lapsing of appropriations.

2. Are continuously appropriated.

3. Are to be credited against the total hospital assessment to be collected pursuant to § 36-2999.72 for the subsequent fiscal year if not expended for the purposes authorized under this section within the same fiscal year the monies are deposited in the fund.

4. May not be used to supplant existing and future appropriations to the administration for existing and future programs.