A bill for an act
relating to commerce; authorizing the Minnesota premium security plan as a
state-based reinsurance program administered by the Minnesota Comprehensive
Health Association; modifying certain provider taxes; imposing a reinsurance tax;
appropriating money;
amending Minnesota Statutes 2016, sections 295.52,
subdivisions 1, 1a, 3, 4, 4a, by adding a subdivision; 295.58; proposing coding for
new law in Minnesota Statutes, chapter 62E.
Section 1.
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Sec. 3.
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Sec. 4.
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Sec. 5.
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Sec. 11.
Minnesota Statutes 2016, section 295.52, is amended by adding a subdivision to
read:
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Sec. 12.
Minnesota Statutes 2016, section 295.58, is amended to read:
295.58 DEPOSIT OF REVENUES AND PAYMENT OF REFUNDS.
new text beginnew text endThe commissioner shall deposit all revenues, including penalties and interest, derived
from the taxes imposed by sections 295.50 to 295.57
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subdivision 5, on health maintenance organizations, community integrated service networks,
and nonprofit health service plan corporations in the health care access fund. There is
annually appropriated from the health care access fund to the commissioner of revenue the
amount necessary to make refunds under this chapter.
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Sec. 13.
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