2025 Session Last amended: 2011 session

§ 295.58 — Deposit of Revenues and Payment of Refunds

Plain-Language Summary

All money collected from the health care provider tax, including penalties and interest, goes into the health care access fund. The insurance premiums tax on HMOs and nonprofit health plans also goes into this fund. The commissioner of revenue is automatically given the money needed to pay refunds under this chapter.

295.58 DEPOSIT OF REVENUES AND PAYMENT OF REFUNDS.

The commissioner shall deposit all revenues, including penalties and interest, derived from the taxes imposed by sections 295.50 to 295.57 and from the insurance premiums tax imposed by section 297I.05, subdivision 5, on health maintenance organizations, community integrated service networks, and nonprofit health service plan corporations in the health care access fund. There is annually appropriated from the health care access fund to the commissioner of revenue the amount necessary to make refunds under this chapter.

History:

1992 c 549 art 9 s 12; 1993 c 345 art 13 s 21; 1994 c 625 art 13 s 17; 1997 c 225 art 2 s 62; 2000 c 394 art 2 s 26; 2000 c 490 art 9 s 4; 1Sp2011 c 9 art 6 s 97

History: History: 1992 c 549 art 9 s 12; 1993 c 345 art 13 s 21; 1994 c 625 art 13 s 17; 1997 c 225 art 2 s 62; 2000 c 394 art 2 s 26; 2000 c 490 art 9 s 4; 1Sp2011 c 9 art 6 s 97

Practical Notes

The health care access fund is the dedicated funding source for MinnesotaCare and related health care programs. This section ensures that revenue from the health care provider tax is earmarked for health care purposes rather than going into the general fund. Refunds are automatically appropriated, so eligible taxpayers do not need a separate legislative action to receive their refunds.

Source: Minnesota Office of the Revisor of Statutes