Ch. 146
1997 LAWS OF MARYLAND
(I) THE PROPORTION OF EVERY $100 IN PREMIUM DOLLARS THAT
THE CARRIER USES TO PAY PROVIDERS FOR THE DIRECT PROVISION OF HEALTH
CARE SERVICES TO ENROLLEES, INCLUDING WHAT PROPORTION IS FOR DIRECT
MEDICAL CARE EXPENSES; AND
(II) THE PROPORTION OF EVERY $100 IN PREMIUM DOLLARS THAT
THE CARRIER USES TO PAY FOR PLAN ADMINISTRATION.
Article - Health - General
19-706.
(N) THE PROVISIONS OF § 15-121 OF THE INSURANCE ARTICLE SHALL APPLY
TO HEALTH MAINTENANCE ORGANIZATIONS.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1997.
Approved April 29, 1997.
CHAPTER 146
(Senate Bill 188)
AN ACT concerning
Creation of a State Debt - Baltimore City - Epsilon Omega Foundation, Inc. - Family
Support Center
FOR the purpose of authorizing the creation of a State Debt not to exceed $800,000, the
proceeds to be used as a grant to the Board of Directors of the Epsilon Omega
Foundation, Inc. for certain acquisition, development, or improvement purposes;
providing for disbursement of the loan proceeds, subject to a requirement that the
Mayor and City Council of Baltimore provide and expend a matching fund; and
providing generally for the issuance and sale of bonds evidencing the loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money and incur indebtedness on
behalf of the State of Maryland through a State loan to be known as the Baltimore City
- Epsilon Omega Foundation, Inc. - Family Support Center Loan of 1997 in a total
principal amount equal to the lesser of (i) $800,000 or (ii) the amount of the matching
fund provided in accordance with Section 1(5) below. This loan shall be evidenced by the
issuance, sale, and delivery of State general obligation bonds authorized by a resolution of
the Board of Public Works and issued, sold, and delivered in accordance with §§ 8-117
through 8-124 of the State Finance and Procurement Article and Article 31, § 22 of the
Code.
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