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Session Laws, 1968
Volume 683, Page 681   View pdf image
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SPIRO T. AGNEW, Governor                         681

Act, and all other incidental expenses connected with the execution of
its provisions in connection with said loan.

SEC. 5. AND BE IT FURTHER ENACTED, THAT SO MUCH
THEREOF AS MAY BE NECESSARY, SHALL BE PAID BY THE
TREASURER OF THE STATE UPON THE WARRANT OF THE
COMPTROLLER OUT OF THE PROCEEDS OF THE SALE OF
SAID BONDS OR CERTIFICATES OF INDEBTEDNESS FOR
THE PAYMENT OF THE EXPENSE OF ENGRAVING, PRINT-
ING AND OTHER OUTLAYS CONNECTED WITH THE ISSUE
OF THE LOAN HEREBY AUTHORIZED, AND FOR THE PAY-
MENT OF THE ADVERTISING DIRECTED BY THIS ACT, AND
ALL OTHER INCIDENTAL EXPENSES CONNECTED WITH
THE EXECUTION OF ITS PROVISIONS IN CONNECTION
WITH SAID LOAN.

Sec. 6. And be it further enacted, (a) That the actual cash pro-
ceeds 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 exclusively to
supplement allotments made to the State Department of Health
for the construction and equipping of facilities in public and other
nonprofit nursing homes in this State under the provisions of "Sub-
chapter IV—Construction of Hospitals and Other Facilities", USCA,
Title 42, Sections 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 nonprofit nurs-
ing home for the purposes of this Act shall be interpreted to mean
a nursing home wholly owned by a nonprofit organization as defined
below and operated under its authority, provided that the sponsor
of a nursing home to qualify as a nonprofit organization shall meet
the following qualifications:

(1)    Be a bona fide religious organization 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 operation of the insti-
tution or the purchase of equipment to be used in the institution or
the expansion of the facility;
or

(2)    Be an organization chartered as a nonprofit 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 classi-
fied by the Federal Internal Revenue Service as nonprofit.

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
expenses 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.

 

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Session Laws, 1968
Volume 683, Page 681   View pdf image
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