Full Text of HB2934 97th General Assembly
HB2934ham002 97TH GENERAL ASSEMBLY | Rep. Sara Feigenholtz Filed: 4/7/2011
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| 1 | | AMENDMENT TO HOUSE BILL 2934
| 2 | | AMENDMENT NO. ______. Amend House Bill 2934 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 1. Short title. This Act may be cited as the | 5 | | Medicaid Maximization Act of 2011. | 6 | | Section 5. Interfund transfers. | 7 | | (a) Notwithstanding any other provision of State law to the | 8 | | contrary, on the effective date of this Act,
or as soon | 9 | | thereafter as practical, for the purpose of accessing enhanced | 10 | | federal Medicaid matching
funds that expire on June 30, 2011, | 11 | | on or after June 20, 2011 and no later than June 25, 2011 the | 12 | | State
Comptroller shall direct and the State Treasurer shall | 13 | | transfer amounts into the Healthcare Provider
Relief Fund from | 14 | | the designated funds not exceeding the following totals: | 15 | | Water Revolving Fund .........................$400,000,000 |
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| 1 | | General Obligation Bond Retirement | 2 | | and Interest Fund ........................$500,000,000 | 3 | | (b) On and after the effective date of this Act through | 4 | | July 30, 2011, if
either the Water Revolving Fund or the | 5 | | General Obligation Bond Retirement and Interest Fund has
| 6 | | insufficient cash from which the State Comptroller may make | 7 | | expenditures properly supported by
appropriations from the | 8 | | fund, then the State Treasurer and the State Comptroller shall | 9 | | transfer from the
General Revenue Fund to the fund only such | 10 | | amount as is immediately necessary to satisfy outstanding
| 11 | | expenditure obligations on a timely basis, subject to the | 12 | | provisions of the State Prompt Payment Act. All
or a portion of | 13 | | the amounts transferred from the General Revenue Fund to a fund | 14 | | pursuant to this
subsection (b) from time to time may be | 15 | | re-transferred by the State Comptroller and the State Treasurer
| 16 | | from the receiving fund into the General Revenue Fund as soon | 17 | | as and to the extent that deposits are
made into or receipts | 18 | | are collected by the receiving fund. | 19 | | If the General Revenue Fund has insufficient cash from | 20 | | which the State Comptroller may make repayments to the Water | 21 | | Revolving Fund or the General Obligation Bond Retirement and | 22 | | Interest Fund in order to satisfy any immediate federal or | 23 | | State obligations, then the State Treasurer and the State | 24 | | Comptroller shall transfer from special funds of the State, | 25 | | excluding the Road Fund, to the extent allowed by federal law, |
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| 1 | | to the Water Revolving Fund or the General Obligation Bond | 2 | | Retirement and Interest Fund only such amount as is immediately | 3 | | necessary to satisfy outstanding expenditure obligations on a | 4 | | timely basis, subject to provisions of the State Prompt Payment | 5 | | Act. No transfer may be made from a fund under this Section | 6 | | that would have the effect of reducing the available balance in | 7 | | the fund to an amount less the amount remaining unexpended and | 8 | | unreserved from the total appropriation from that fund | 9 | | estimated to be expended for the months of July and August | 10 | | 2011. Notwithstanding any other provision of this Section, no | 11 | | such transfer may be made from any special fund that is | 12 | | exclusively collected by or appropriated to any other | 13 | | constitutional officer without the written approval of that | 14 | | constitutional officer. Any moneys transferred pursuant to | 15 | | this subsection shall be repaid to the fund of origin by August | 16 | | 31, 2011. | 17 | | (c) By no later than July 30, 2011 any amounts transferred | 18 | | from the Water Revolving Fund or the
General Obligation Bond | 19 | | Retirement and Interest Fund under the authority of this | 20 | | Section shall be
transferred back and receipted by the General | 21 | | Revenue Fund and the Healthcare and Provider Relief Fund. These | 22 | | transfers back to the funds of origin
shall be made and | 23 | | receipted notwithstanding any other State law to the contrary. | 24 | | If the General Revenue Fund has insufficient cash from | 25 | | which the State Comptroller may make repayments to the Water | 26 | | Revolving Fund or the General Obligation Bond Retirement and |
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| 1 | | Interest Fund in order to satisfy any immediate federal or | 2 | | State obligations, then the State Treasurer and the State | 3 | | Comptroller shall transfer from special funds of the State, | 4 | | excluding the Road Fund, to the extent allowed by federal law, | 5 | | to the Water Revolving Fund or the General Obligation Bond | 6 | | Retirement and Interest Fund only such amount as is immediately | 7 | | necessary to satisfy outstanding expenditure obligations on a | 8 | | timely basis, subject to provisions of the State Prompt Payment | 9 | | Act. No transfer may be made from a fund under this Section | 10 | | that would have the effect of reducing the available balance in | 11 | | the fund to an amount less the amount remaining unexpended and | 12 | | unreserved from the total appropriation from that fund | 13 | | estimated to be expended for the months of July and August | 14 | | 2011. Notwithstanding any other provision of this Section, no | 15 | | such transfer may be made from any special fund that is | 16 | | exclusively collected by or appropriated to any other | 17 | | constitutional officer without the written approval of that | 18 | | constitutional officer. Any moneys transferred pursuant to | 19 | | this subsection shall be repaid to the fund of origin by August | 20 | | 31, 2011. | 21 | | Section 10. Interest payable to the Water Revolving Fund | 22 | | and the General Obligation Bond Retirement
and Interest Fund. | 23 | | As soon as practical after all amounts initially transferred | 24 | | from the Water Revolving
Fund and the General Obligation Bond | 25 | | Retirement and Interest Fund have been transferred back
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| 1 | | pursuant to Section 5 of this Act, the State Treasurer shall | 2 | | calculate the amounts of interest that would
have accrued to | 3 | | both the Water Revolving Fund and the General Obligation Bond | 4 | | Retirement and Interest
Fund if those transfers had not | 5 | | occurred and transfer those amounts from the General Revenue | 6 | | Fund to
the Water Revolving Fund and the General Obligation | 7 | | Bond Retirement and Interest Fund. | 8 | | Section 15. Prohibition on payments to contractors. No | 9 | | fees or expenses shall be paid by the State to
any contractual | 10 | | legal counsel, financial advisor, or other consultant or | 11 | | contractor in relation to the
actions authorized pursuant to | 12 | | this Act.
| 13 | | Section 99. Effective date. This Act takes effect upon | 14 | | becoming law.".
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