A5077 — Clarifies charitable role of health service corporations, revises membership of board of directors, establishes process to determine efficient level of surplus, and requires timely publication of certain information by DOBI.

A5077 — Clarifies charitable role of health service corporations, revises membership of board of directors, establishes process to determine efficient level of surplus, and requires timely publication of certain information by DOBI. · Informed CitizenryThis bill amends the regulations governing health service corporations in New Jersey. It clarifies that these corporations must operate for a charitable mission, including providing affordable heal…Open in Informed Citizenry