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Bill > SB2690


MS SB2690

Health Care Expendable Fund; delete repealer on.


summary

Introduced
01/20/2025
In Committee
02/13/2025
Crossed Over
02/07/2025
Passed
03/18/2025
Dead
Signed/Enacted/Adopted
03/21/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

An Act To Amend Section 43-13-407, Mississippi Code Of 1972, To Delete The Repealer On Certain Provisions Relating To The Health Care Expendable Fund; And For Related Purposes.

AI Summary

This bill proposes to remove the sunset (expiration) provision for certain sections of the Health Care Expendable Fund law. Specifically, the bill eliminates a previous provision that would have automatically repealed subsections (1), (2), (3), (5), (6), and (7) of Section 43-13-407 on July 1, 2025. The Health Care Expendable Fund is a special state treasury fund established to support healthcare purposes, primarily funded through tobacco settlement payments. The fund allows for transfers from the Health Care Trust Fund to the Expendable Fund in specific amounts over different fiscal years, with provisions for managing potential Medicaid expenditure deficits and investment income. By removing the repealer, the legislature ensures that these key provisions governing the fund's operation will continue beyond the previously set expiration date, providing ongoing stability and flexibility for healthcare funding in Mississippi. The bill will take effect on July 1, 2025, which was the original sunset date for these provisions.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Approved by Governor (on 03/21/2025)

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