LD 1611
pg. 34
Page 33 of 73 PUBLIC Law Chapter 469 Page 35 of 73
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LR 2137
Item 1

 
D.__Establish a limit, called the capital investment fund, for
each year of the plan pursuant to section 102.

 
The Governor shall provide the reports specified in paragraphs B
and C to the joint standing committee of the Legislature having
jurisdiction over appropriations and financial affairs, the joint
standing committee of the Legislature having jurisdiction over
health and human services matters and the joint standing
committee of the Legislature having jurisdiction over insurance
and financial services matters.

 
§102.__Capital investment fund

 
1.__Purpose.__The capital investment fund is a limit for
resources allocated annually under the certificate of need
program described in Title 22, chapter 103-A.

 
2.__Process; criteria.__The process for determining the
capital investment fund amount must be set forth in rules and may
include the formation of an ad hoc expert panel to advise the
Governor.__The process must include the division of the total
capital investment fund amount into nonhospital and hospital
components, must establish large and small capital investment
fund amounts within each component and must be based on 3rd-year
capital and operating expenses of projects under the certificate
of need program.__The process must take into account the
following:

 
A.__The plan;

 
B.__The opportunity for improved operational efficiencies in
the State's health care system;

 
C.__The average age of the infrastructure of the State's
health care system; and

 
D.__Technological developments and the dissemination of
technology in health care.

 
3.__Nonhospital capital expenditures.__For the first 3 years
of the plan, the nonhospital component of the capital investment
fund must be at least 12.5% of the total.

 
This subsection is repealed July 1, 2007.

 
§103.__State Health Plan

 
1.__Purpose. The plan issued pursuant to section 101,
subsection 1, paragraph A must set forth a comprehensive,


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