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S.113

 

An act authorizing nonprofit hospitals to convert charitable assets.

The House proposes to the Senate to amend the bill as follows:

First:  In Sec. 1, 18 V.S.A. § 9420(j), by striking “subsection (h)” where it appears in the first sentence and inserting in lieu thereof “subsection (i)” and in (l), by striking “subdivision (h)(2)” where it appears in the first sentence and inserting in lieu thereof “subdivision (i)(2)

Second:  In Sec. 1, by striking subdivision 9420(h)(3) of Title 18 and inserting in lieu thereof the following:

(3)  A denial by the commissioner may be appealed to the supreme court pursuant to the procedures and standards set forth in section 16 of Title 8.  If no appeal is taken or if the commissioner’s order is affirmed by the supreme court, the application shall be terminated.  A failure of the commissioner to approve of an application in a timely manner shall be considered a final order in favor of the applicant.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us