Bill > HB1367

This bill, concerning federal money payable as reimbursement for public expenditures when that money exceeds fifty percent of the expenditure amount, states that for the state fiscal year starting July 1, 2021, and any subsequent fiscal years, if a provider submits a certification of public expenditures as outlined in federal regulations (42 CFR 433.51(b)), the state department will keep any federal reimbursement money that is more than fifty percent of the expenditure. However, the state department will only keep this increased reimbursement money based on the date of service as long as increased reimbursements and payments made under the federal "Families First Coronavirus Response Act" and the federal "Consolidated Appropriations Act, 2023" are still available. The State Treasurer will then transfer this money to the General Fund, which is a fund for state government operations, for appropriation to the State Medical Assistance Program, which is the program that provides health coverage to low-income individuals and families. This section will be repealed once all reimbursements and payments for services delivered during the period of increased reimbursement and payment have been reconciled, and the Executive Director of the State Department will notify the Revisor of Statutes when this reconciliation is complete.