2010 Session

Budget Amendments - SB29 (Committee Approved)

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Adjust Funding for Virginia Health Care Fund

Item 306 #2s

Item 306 #2s

First Year - FY2009 Second Year - FY2010
Health And Human Resources
Medical Assistance Services, Department of FY2009 $0 FY2010 ($14,723,331) GF
FY2009 $0 FY2010 $14,723,331 NGF

Page 159, line 48, strike "288,995,296" and insert "303,718,627".

(This amendment reduces $14.7 million GF and increases $14.7 million to the Virginia Health Care Fund the second year to reflect constant revenue collections from cigarette taxes. The introduced budget assumed cigarette tax revenues would fall as a result of an increase in the federal cigarette tax that became effective in April 2009. Based on July through December 2009 collections, there is no evidence that collections are falling. Revenues in the Virginia Health Care Fund are used as the state match for Medicaid, so an increase in revenues allows for a reduction in general fund spending.)