The modernized IGT actual receipts adjustment component is a dollar amount equal to the amount of the modernized presumptive IGT adjustment component under G.S. 108A-146.13(c) for the previous quarter plus the public hospital modernized presumptive IGT offset amount under G.S. 108A-146.1A for the previous quarter minus the amount of money received during the previous quarter by the Department through intergovernmental transfer and designated in the Department's accounting system as a receipt related to the modernized assessments. If this calculation results in a negative number, the modernized IGT actual receipts adjustment component is zero.
N.C. Gen. Stat. § 108A-146.14
(Effective October 1, 2026) Modernized IGT actual receipts adjustment component
Known as the Hospital Assessment Act
The act spans §§ 108A-145.1 to 108A-148.1 (41 sections).
2023-7, s. 1.7(i); 2026-1, s. 3D.2(d), (e).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.