BLAIR LEE III, Acting Governor

2835

CHAPTER 982

(Senate Bill 696)

AN ACT concerning

Uniform Accounting Standards - Health
and Social Welfare Organizations

FOR the purpose of establishing requiring adherence to
uniform accounting standards for use by private health
and social welfare organizations receiving grants from
State agencies; denying grants to those organizations

or individuals who do not comply with these standards;

requiring uniform accounting standards for incorporated
individuals or private organizations providing health
or social welfare services; denying contracts to those
incorporated individuals or organizations who do not
comply with these standards; permitting requiring State
agencies to require financial reports conforming to
uniform accounting standards from unincorporated
individuals or organizations who are providing health
or social welfare services under contract with those
State agencies; establishing uniform accounting
standards so that various State agencies requiring
financial records from private health and social
welfare organizations will require the same records
from a single organization; excluding certain
organizations and individuals from the provisions of
this Act; and generally relating to uniform accounting
standards for individuals and private health and social
welfare organizations receiving grants from or
contracting with the State.

BY adding to

Article 40 - General Assembly19 — Comptroller

Section 61F28A

Annotated Code of Maryland

(1971(1973 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 40 General Assembly

19 - Comptroller

61F. 28A. UNIFORM ACCOUNTING STANDARDS - HEALTH AND SOCIAL

WELFARE ORGANIZATIONS.

(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE
THE MEANINGS INDICATED.

(2) "HEALTH OR SOCIAL WELFARE ORGANIZATIONS"
MEANS ANY ORGANIZATION WHICH IS OPERATED EXCLUSIVELY FOR THE