Bill > HB2463

This bill establishes the Rural Health Transformation Fund, which will be managed by the State Finance Council, to receive and disburse federal funds designated for the Rural Health Transformation Program, specifically mentioning funds from the Centers for Medicare & Medicaid Services (CMS) under Public Law 119-21. All federal money for this program must be appropriated by the legislature before it can be spent, and these funds will be deposited into the newly created fund. The State Finance Council will review and approve all grant applications and requests for funding from this program, ensuring they align with the program's health-related goals. The bill also outlines procedures for transferring interest earnings into the fund, specifies that certain existing laws will not apply to these federal funds, and details the eventual return of any unexpended or unobligated funds to the U.S. Treasury by October 1, 2032, at which point the fund will be abolished and its remaining liabilities transferred to the state's general fund. Additionally, the bill makes appropriations for the State Finance Council and various other state agencies for the fiscal years ending June 30, 2026, and June 30, 2027, to utilize funds from the Rural Health Transformation Fund.

Budget and Finance

https://kslegislature.gov/li/b2025_26/measures/hb2463/