VT LEG #381241 v.4 H.96 – An act relating to increasing the monetary thresholds for certificate of need As Recommended by the Senate Committee on Health and Welfare 1i Bill Summary he bill proposes to increase the monetary thresholds that trigger a certificate of need (CON) requirement. Fiscal Impact Over the past seven years, the Green Mountain Care Board (GMCB) has collected approximately $50,000 per year – on average – in fees related to the review of CON applications. GMCB estimates that the bill could reduce this revenue by as much as $20,000 per year on average, which only accounts for approximately 0.2% of the GMCB’s annual budget. According to GMCB this loss can be absorbed and the decrease in CON reviews would allow resources to be deployed elsewhere within the organization. Background and Details Under 18 V.S.A. § 9441, the Board charges a fee for the filing of CON applications. The fee is calculated at the rate of 0.125% of project costs. 2 Fees range from a minimum of $250 (regardless of the project cost) to a maximum of $20,000. All fees collected are deposited in the Green Mountain Care Board Regulatory and Administrative Fund. i The full fiscal note history is available on the fiscal tab of the bill page on the General Assembly website and can be pulled up through a bill number search on the JFO page. 1 The Joint Fiscal Office (JFO) is a nonpartisan legislative office dedicated to producing unbiased fiscal analysis – this fiscal note is meant to provide information for legislative consideration, not to provide policy recommendations. 2 https://legislature.vermont.gov/statutes/section/18/221/09441 T April 18, 2025 Nolan Langweil, Principal Fiscal Analyst