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H.B. 440 Enrolled

             1     

VETERANS' NURSING HOME REIMBURSEMENT

             2     
RESTRICTED ACCOUNT

             3     
2010 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Chief Sponsor: Ron Bigelow

             6     
Senate Sponsor: Lyle W. Hillyard

             7     
             8      LONG TITLE
             9      General Description:
             10          This bill creates a restricted account within the General Fund for reimbursement funds
             11      from the federal government for the construction of veterans' nursing homes.
             12      Highlighted Provisions:
             13          This bill:
             14          .    creates a restricted account for reimbursement funds from the federal government
             15      for the construction of veterans' nursing homes;
             16          .    requires that all interest and other amounts generated by the account be deposited
             17      into the General Fund; and
             18          .    restricts the use of the account to match federal funding for construction of future
             19      veterans' nursing homes.
             20      Monies Appropriated in this Bill:
             21          None
             22      Other Special Clauses:
             23          None
             24      Utah Code Sections Affected:
             25      ENACTS:
             26          71-11-11, Utah Code Annotated 1953
             27     
             28      Be it enacted by the Legislature of the state of Utah:
             29          Section 1. Section 71-11-11 is enacted to read:


             30          71-11-11. Veterans' Nursing Home Reimbursement Restricted Account.
             31          (1) There is created within the General Fund a restricted account known as the
             32      "Veterans' Nursing Home Reimbursement Account."
             33          (2) The account shall be funded by reimbursement funds from the federal government
             34      for veterans' nursing home construction in this state.
             35          (3) Interest earned or other amounts derived from funds in the account shall be
             36      deposited into the General Fund.
             37          (4) Funds in the account shall be appropriated by the Legislature solely for the purpose
             38      of matching future funding for the construction of veterans' nursing homes within Utah and
             39      Washington counties.


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