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North Dakota Century Code Title 50. Public Welfare § 50-30-02. North Dakota health care trust fund created--Uses--Continuing appropriation

Current as of January 01, 2024 | Updated by Findlaw Staff

1. There is created in the state treasury a special fund known as the North Dakota health care trust fund. The fund consists of revenue received from government nursing facilities for remittance to the fund under former section 50-24.4-30. The department shall administer the fund. The state investment board shall invest moneys in the fund in accordance with chapter 21-10, and the income earned must be deposited in the North Dakota health care trust fund. All moneys deposited in the North Dakota health care trust fund are available to the department for:

a. Transfer to the long-term care facility loan fund, as authorized by legislative appropriation, for making loans pursuant to the requirements of this chapter.

b. Payment, as authorized by legislative appropriation, of costs of other programs authorized by the legislative assembly.

c. Repayment of federal funds, which are appropriated and may be spent if the United States department of health and human services determines that funds were inappropriately claimed under former section 50-24.4-30.

d. Operation and maintenance of the nurse aide registry.

2. The department shall continue to access the intergovernmental transfer program if permitted by the federal government and if use of the program is found to be beneficial.

3. Moneys in the fund may not be included in draft appropriation acts under section 54-44.1-06, except for the operation and maintenance of the nurse aide registry as provided for in this section.

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Cite this article: FindLaw.com - North Dakota Century Code Title 50. Public Welfare § 50-30-02. North Dakota health care trust fund created--Uses--Continuing appropriation - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-50-public-welfare/nd-cent-code-sect-50-30-02/

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