§ 6-103.2. Distribution of tax proceeds to Maryland Health Benefit Exchange Fund
West's Annotated Code of MarylandInsuranceEffective: June 1, 2013
Effective: June 1, 2013
MD Code, Insurance, § 6-103.2
§ 6-103.2. Distribution of tax proceeds to Maryland Health Benefit Exchange Fund
(a)(1)(i) Notwithstanding § 2-114 of this article, beginning January 1, 2015, from the tax described in paragraph (2) of this subsection, a portion shall be distributed annually to the Maryland Health Benefit Exchange Fund established under § 31-107 of this article for the sole purpose of funding the operation and administration of the Maryland Health Benefit Exchange.
(b) For State fiscal year 2015 and each State fiscal year thereafter, the amount to be distributed under subsection (a) of this section shall be sufficient to fully fund the operation and administration of the Maryland Health Benefit Exchange for the State fiscal year.
Credits
Added by Acts 2013, c. 159, § 2, eff. June 1, 2013.
MD Code, Insurance, § 6-103.2, MD INSURANCE § 6-103.2
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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