§ 44-18.1-30. Effective date for rate changes.
Each member state shall provide that the effective date of rate changes for services covering a period starting before and ending after the statutory effective date shall be as follows:
(A) For a rate increase, the new rate shall apply to the first billing period starting on or after the effective date.
(B) For a rate decrease, the new rate shall apply to bills rendered on or after the effective date.
(P.L. 2006, ch. 246, art. 30, § 12.)