Maryland § 15-103.3
Full text of Maryland Maryland Code § 15-103.3, with citation guidance and answers to common questions.
§ 15-103.3.
(a) There is a HealthChoice Performance Incentive Fund established in the Department.
(b) (1) The Department shall pay all fines collected under § 15–103(b)(12)(v) of this subtitle and penalties collected under § 15–103.7(e)(2)(iv) of this subtitle to the Comptroller of the State.
(2) The Comptroller shall distribute the fines to the Fund.
(c) (1) The Fund shall be used exclusively for the provider reimbursement budget under the HealthChoice Program, including providing financial incentives designed to improve the quality of care to managed care organizations that exceed performance targets.
(2) The Fund is a continuing nonlapsing fund not subject to § 7–302 of the State Finance and Procurement Article.
(3) Except as provided in paragraph (4) of this subsection, any unspent portions of the Fund may not be transferred or revert to the General Fund of the State, but shall remain in the Fund to be used for the purposes specified in this section.
(4) At the end of each fiscal year, any amount in excess of $5 million shall revert to the General Fund.
(d) (1) The Secretary or the Secretary’s designee shall administer the Fund.
(2) The Secretary shall adopt regulations to carry out the provisions of this section, including the distribution of money from the Fund to managed care organizations.
(e) The Legislative Auditor shall audit the accounts and transactions of the Fund as provided in § 2–1220 of the State Government Article.
Frequently Asked Questions About Maryland § 15-103.3
What does Maryland Code § 15-103.3 cover?
Section 15-103.3 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 15-103.3?
A common citation format is "Maryland Code § 15-103.3" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 15-103.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.