HARRY HUGHES, Governor

913

Commission, is deleted as unnecessary.

Throughout this section, the former effective
dates are deleted as obsolete.

The only other changes are in style.

Defined terms: "Commission" § 19-201
"Facility" § 19-201

19-211. UNIFORM ACCOUNTING AND FINANCIAL REPORTING SYSTEM.

(A)  ADOPTION OF SYSTEM.

(1)  AFTER PUBLIC HEARINGS AND CONSULTATION WITH
ANY APPROPRIATE ADVISORY COMMITTEE, THE COMMISSION SHALL
ADOPT, BY RULE OR REGULATION, A UNIFORM ACCOUNTING AND
FINANCIAL REPORTING SYSTEM THAT:

(I)   INCLUDES ANY COST ALLOCATION METHOD

THAT THE COMMISSION DETERMINES; AND

(II)  REQUIRES EACH FACILITY TO RECORD ITS
INCOME, REVENUES, ASSETS, EXPENSES, OUTLAYS, LIABILITIES,
AND UNITS OF SERVICE.

(2)  EACH FACILITY SHALL ADOPT THE UNIFORM
ACCOUNTING AND FINANCIAL REPORTING SYSTEM.

(B)  MODIFICATION OF SYSTEM.

IN CONFORMITY WITH THIS SUBTITLE, THE COMMISSION MAY
ALLOW AND PROVIDE FOR MODIFICATIONS IN THE UNIFORM
ACCOUNTING AND FINANCIAL REPORTING SYSTEM TO REFLECT
CORRECTLY ANY DIFFERENCES AMONG FACILITIES IN THEIR TYPE,
SIZE, FINANCIAL STRUCTURE, OR SCOPE OR TYPE OF SERVICE.

REVISOR'S NOTE: This section formerly appeared as
Article 43, § 568-O.

The former reference to adoption of the system by
each facility "on or after April 1, 1973" is
deleted as obsolete.

The only other changes are in style.

Defined terms: "Commission" § 19-201
"Facility" § 19-201
"Includes"/"including" § 1-101

19-212. REQUIRED REPORTS OF FACILITIES.

(A) IN GENERAL.

AT THE END OF THE FISCAL YEAR FOR A FACILITY AND AT ANY