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Ch. 3 2006 LAWS OF MARYLAND
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
January 1, 2006.
Enacted January 17, 2006.
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CHAPTER 3
(House Bill 1284)
AN ACT concerning
Fair Share Health Care Fund Act
FOR the purpose of establishing the Fair Share Health Care Fund; establishing the
purpose of the Fund; providing that the Fund consists of certain payments made
by employers in connection with a certain health care payroll assessment;
providing that the Fund is a special, nonlapsing fund; requiring the State
Treasurer to hold the Fund and the Comptroller to account for the Fund;
requiring that investment earnings of the Fund be retained in the Fund;
requiring the interest on and other income from the Fund be separately
accounted for; requiring the Fund to be used to support the operations of the
Maryland Medical Assistance Program; providing that certain provisions of this
Act apply to certain employers; requiring certain employers to submit certain
information to the Secretary of Labor, Licensing, and Regulation; requiring the
Secretary to adopt certain regulations that provide for the submission of a
certain designation and affidavit; providing that a certain employer may exempt
certain wages when calculating a certain percentage; requiring a certain
employer to make a certain payment to the Secretary under certain
circumstances and in a certain manner; prohibiting a certain employer from
making a certain deduction; providing for a certain penalty penalties; requiring
the Secretary to make a certain verification, adopt certain regulations, and
make a certain payment to a certain fund; requiring the Secretary to report
certain information to the Governor and the General Assembly on or before a
certain date each year; defining certain terms; providing for a delayed effective
date; and generally relating to requiring certain employers to pay a certain
assessment for employee health insurance costs.
BY adding to
Article — Health — General
Section 15-142
Annotated Code of Maryland
(2000 Replacement Volume and 2004 Supplement)
BY adding to
Article - Labor and Employment
Section 8.5-101 through 8.5-106 8.5-107, inclusive, to be under the new title
"Title 8.5. Health Care Payroll Assessment"
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