N.J. Stat. § 45:9-22.17
"Medicare Assignment Compliance Fund"; report
New Jersey · New Jersey Statutes Title 45 — Professions and Occupations · Status: effective
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- Citation
- N.J. Stat. § 45:9-22.17, "Medicare Assignment Compliance Fund"; report, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1473329
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Full text
6. a. All penalties collected pursuant to P.L.1993, c.250 (C.45:9-22.12 et seq.) shall be deposited in a non-lapsing revolving fund in the State Board of Medical Examiners to be known as the "Medicare Assignment Compliance Fund." The fund shall be dedicated for use by the board to offset any administrative costs incurred by the board in carrying out the purposes of P.L.1993, c.250 (C.45:9-22.12 et seq.). When the amount in the fund exceeds $500,000, the excess money shall be transferred semiannually to the Casino Revenue Fund.
b. Within one year after the effective date of this act and annually thereafter, the board shall report to the Legislature on the amount collected and the use of the fund.