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Office of the Revisor of Statutes

HF 14 House Long Description

hf14 FIRST ENGROSSMENT Tobacco settlement revenues credited to health care access fund, MinnesotaCare provider taxes eliminated on contingent basis, and pass-through of savings required. Section 1: Tobacco settlement payments credited to the health care access fund. Sec. 2: Requires savings resulting from elimination of MinnesotaCare provider taxes and tax on nonprofit health plan company premiums to be reflected in health plan company premium rates; documenting compliance and enforcement regulations provided. Sec. 3: Tax rates established and defined based on "determinations regarding the balance of the health care access fund." Sec. 4: Amends Minnesota Statutes relating to taxes paid by health maintenance organizations (HMO), nonprofit health service plan corporations, and community integrated service networks to reflect changes in tax laws; language referring to "one-percent" tax removed; "contingent" tax defined. Sec. 5: Repealer.