Establishes an ambulance operating deficit grant program to aid eligible applicants with revenue shortfalls.
The bill establishes an ambulance operating deficit grant program to award grants to eligible applicants facing revenue shortfalls. Eligible applicants must provide verifiable evidence of an operating deficit. Grants are awarded annually and must not exceed the amount of the grantee's most recent verified operating deficit. The program excludes certain single license holders and multiple license holders serving specific areas. Grant money must be spent on operational and capital expenses. An ambulance operating deficit account is created in the state treasury to manage grant funds.
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