1172                            LAWS OF MARYLAND                     [CH. 652

printing and other outlays connected with the issue of the loan
here authorized, and for the payment of the advertising directed by
this Act, and all other incidental expenses, connected with the execu-
tion of its provisions in connection with said loan.

Sec. 6. And be it further enacted, (a) That the actual cash
proceeds from the sale of Certificates of Indebtedness to be issued
under this Act shall be paid to the Treasurer of the State upon the
warrant of the Comptroller, and such proceeds shall be used exclu-
sively to supplement allotments made to the State Department of
Health for the construction and equipping of facilities in public and
other non-profit nursing homes in this State under the provisions
of "Subchapter IV—Construction of Hospitals and other Facilities,"
USCA, Title 42, Section 291 et seq., as amended from time to time.
A public nursing home for the purposes of this Act shall be inter-
preted to mean a nursing home wholly owned by a county and/or
municipality and operated under such authority. A non-profit nursing
home for the purposes of this Act shall be interpreted to mean a
nursing home wholly owned by a non-profit organization as defined
below and operated under its authority, provided further that the
sponsor of a nursing home to qualify as a non-profit organization shall
meet the following minimum qualifications:

(1). Be a bona fide religious organization; or

(2). Be an organization chartered as a non-profit corporation and
no part of the earnings shall inure to the benefit of any individual
or be used for any purpose other than the maintenance and opera-
tion of the institution or the purchase of equipment to be used in
the institution or the expansion of the facility; and shall be classified
by the Federal Internal Revenue Service as non-profit.

Prior to the authorization of any construction grant to any such
sponsor, the applicant shall file with the State Department of Health:

(i) A financial statement, setting forth the personnel employed
and/or to be employed, all remunerations and perquisites for per-
sonal services and other expenses paid and/or to be paid and the ex-
penses incurred and/or to be incurred in carrying out such a nursing
home operation.

(ii) The schedule of rates charged and/or to be charged for
services rendered.

The Board of Health is hereby authorized and directed to promul-
gate rules and regulations to carry out the intent of this Act, and
such rules and regulations shall provide for certified annual financial
statement from each such nursing home with the following minimum
informational requirements:

(A)    Personnel employed and all remuneration, perquisites and
expenses paid.

(B)    All expenses incurred by the said institutions.

(C)    Rates and fees charged for services furnished by the said
institution.

Such information shall be required annually for at least the term
of the Certificates of Indebtedness authorized under this Act.