State releases propsed changes to surplus revenue regs
The Providers' Council is seeking member feedback on the recently announced changes to regulations on surplus revenue retention for human and social service providers.
The redline version of changes to 808 CMR 1.00: Compliance, Reporting and Auditing for Human and Social Services was posted on July 12. This document contains changes to Surplus Revenue Retention by removing the cumulative limit for nonprofit contractors and increasing the annual limit on surplus revenue retention from 5 percent to 20 percent.
The proposed amendments to 808 CMR 1.00 can be viewed online here.
The state's Operational Services Division (OSD) is accepting comments on these regulations until Monday, August 22, 2016 at 5 p.m.
The Providers' Council will file comments in support of this change, but we also ask that you review both documents and let us know your thoughts on all the changes contained in the new revised regulation no later than Wednesday, August 17. Please e-mail Bill Yelenak with comments or questions about this change to Surplus Revenue Retention.