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2001 SESSION

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HB 2870 University of Virginia Medical Center interest income.

Introduced by: Paul Clinton Harris, Sr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

University of Virginia Medical Center interest income. Requires the Comptroller to credit the account of the University of Virginia Medical Center each month with the imputed interest earned on the investment of moneys derived from nongeneral operating cash balances, including but not limited to, balances derived from patient care revenues. The University of Virginia Medical Center may use the imputed interest earned on the investment of moneys derived from nongeneral operating cash balances, including but not limited to, balances derived from patient care revenues, to match federal Medicaid payments for indigent or low-income patients.


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