07 LC
25 4746
Senate
Bill 134
By:
Senators Smith of the 52nd, Meyer von Bremen of the 12th, Adelman of the 42nd,
Harp of the 29th and Carter of the 13th
AS
PASSED SENATE
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Article 15 of Chapter 7 of Title 31 of the Official Code of Georgia
Annotated, relating to hospital acquisition, so as to change certain provisions
relating to content and form of notice to the Attorney General, fees, and
retention of experts; to provide an effective date; to repeal conflicting laws;
and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Article
15 of Chapter 7 of Title 31 of the Official Code of Georgia Annotated, relating
to hospital acquisition, is amended by revising subsections (c) and (d) of Code
Section 31-7-402, relating to content and form of notice to the Attorney
General, fees, and retention of experts, as follows:
"(c)
Notice to
the Attorney General shall be accompanied by the payment by either the seller or
lessor, or by the acquiring entity, of a fee in the amount of
$50,000.00.
(d)
The Attorney General shall be authorized to retain financial, economic, health
planning, or other experts or consultants to assist in addressing each of the
criteria set forth in Code Section
31-7-406.
The Attorney
General shall be authorized to retain financial, economic, health planning, or
other experts or consultants to assist in addressing each of the criteria set
forth in Code Section 31-7-406. Within 30 days after notice from the Attorney
General, the cost and expense incurred in connection with the retention of such
experts or consultants shall be paid directly to each of such experts and
consultants by the parties to the proposed transaction in such proportionate
amounts as the parties to the proposed transaction may agree or otherwise as
determined by the Attorney General; provided, however, that the parties to the
proposed transaction shall not be required to pay any portion of such cost and
expense that exceeds a total amount of
$60,000.00."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.