2000 Session

Budget Amendments - HB29 (Conference Report)

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CMSIP Special Fund Transfer (language only)

Item 3-1.01 #3c

Item 3-1.01 #3c

Interfund Transfers

Page 553, line 29, after "year." , insert:
"The State Comptroller shall transfer 90 percent of the estimated second year amount into the Trust Fund upon the enactment of this act."

(This amendment provides up-front cash for the administration of the children's health insurance program. Special revenues collected for the program are received late in the fiscal year, making it difficult for the Department of Medical Assistance Services and the Department of Social Services to manage transactions for the program.)