305 ILCS 5/12-13.2

(305 ILCS 5/12-13.2)

Sec. 12-13.2.

Two-year financial plans.

(a) On or before September 30, 1994, the Illinois Department shall submit to
the
General Assembly an initial 2-year financial plan with respect to the Illinois
Department's administration and financing of the State's Medicaid program for
fiscal years 1995 and 1996.  The Illinois Department shall submit subsequent
2-year   financial plans in accordance with this   Section.  Beginning with
fiscal year 1997, and every second fiscal year thereafter, the Illinois
Department shall submit a financial plan covering a period of 2 fiscal years
not
later than March 1 before the commencement of the first fiscal year to which
the financial plan relates.  Each financial plan shall be submitted in
accordance with the procedures set forth in this Section.

(b) Each financial plan for each fiscal year to which it relates shall
contain a description of revenues, liabilities, expenditures, appropriations,
and cash resources and uses.

(c) The Illinois Department shall regularly reexamine the revenue and
expenditure estimates on which each financial plan was based and revise them
as
necessary.  The Illinois Department shall promptly notify the General Assembly
of any material change in the revenue or expenditure estimates in the financial
plan.  The Illinois Department shall submit to the General Assembly modified
financial plans based on revised revenue or expenditure estimates or for any
other good reason.

(Source: P.A. 88-554, eff. 7-26-94.)