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TO AMEND SECTION 44-113-20, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITION OF TERMS IN THE PROVIDER SELF REFERRAL ACT, INCLUDING THE DEFINITION OF "INVESTMENT INTEREST" USED IN THE PROVIDER SELF-REFERRAL ACT AND EXEMPTIONS FROM THIS DEFINITION, SO AS TO CLARIFY THAT THE EXEMPTION FOR AN INVESTMENT INTEREST IN AN ENTITY IN RURAL AREAS MUST ONLY PROVIDE SEVENTY-FIVE PERCENT OR MORE OF THE DESIGNATED HEALTH SERVICES, RATHER THAN ALL OF THESE SERVICES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 44-113-20(10)(a) of the 1976 Code is amended to read:
"(a) an investment interest in an entity that is the sole provider in a rural area that furnishes seventy-five percent or more of designated health services in that it furnishes to residents of a rural area;"
SECTION 2. This act takes effect upon approval by the Governor.
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