An Act regarding shared responsibility for funding of health care oversight agencies

This bill modifies Massachusetts state laws to change how health care oversight agencies are funded by replacing minimum funding requirements with maximum spending limits. Specifically, it amends two existing statutes to strike the phrase "not less than" and insert "no more than," effectively capping the amount these agencies can collect or spend rather than setting a floor. The changes directly affect the financial operations of state health care regulatory bodies by altering the statutory language governing their budgets. By shifting from a minimum to a maximum threshold, the legislation aims to provide greater flexibility in funding allocation while preventing overspending.