Bill
Bill > H0685
summary
Introduced
02/29/2024
02/29/2024
In Committee
03/15/2024
03/15/2024
Crossed Over
03/07/2024
03/07/2024
Passed
03/27/2024
03/27/2024
Dead
Signed/Enacted/Adopted
03/27/2024
03/27/2024
Introduced Session
2024 Regular Session
Bill Summary
RELATING TO MEDICAID; AMENDING CHAPTER 2, TITLE 56, IDAHO CODE, BY THE AD- DITION OF A NEW SECTION 56-270, IDAHO CODE, TO ESTABLISH PROVISIONS REGARDING A MEDICAID BUDGET STABILIZATION FUND; AND DECLARING AN EMER- GENCY.
AI Summary
This bill adds a new section to existing law to create a Medicaid Budget Stabilization Fund in the state treasury. By the close of fiscal year 2025 or as soon thereafter as practicable, $12 million of unobligated general fund moneys remaining in the Cooperative Welfare Fund from Medicaid appropriations will be transferred to the Idaho Millennium Income Fund. Beginning in fiscal year 2024 and each year thereafter, the remainder of any unobligated general fund moneys from Medicaid appropriations will be transferred to the Medicaid Budget Stabilization Fund. Moneys in the fund can be expended solely to meet general fund revenue shortfalls or cover unanticipated Medicaid expenses, and only pursuant to legislative appropriation.
Committee Categories
Health and Social Services
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Health and Welfare Committee (House)
Last Action
Reported Signed by Governor on March 27, 2024 Session Law Chapter 204 Effective: 03/27/2024 (on 03/27/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2024/legislation/H0685/ |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2024/legislation/H0685SOP.pdf |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2024/legislation/H0685.pdf |
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