2013 Session

Budget Amendments - HB1500 (Committee Approved)

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Eliminate Va. Health Care Fund for Foundation for Health Innovation

Item 307 #12h

Item 307 #12h

First Year - FY2013 Second Year - FY2014
Health And Human Resources
Medical Assistance Services, Department of FY2013 ($3,000,000) FY2014 $0 GF
FY2013 $3,000,000 FY2014 $0 NGF

Page 264, line 16, strike "$423,940,204" and insert "$426,940,204".

(This amendment eliminates the diversion of Virginia Health Care Fund monies from the Virginia Medicaid program to fund the Virginia Foundation for Health Innovation in fiscal year 2013. Revenues in the Virginia Health Care Fund are used as a portion of the state's match for the Virginia Medicaid program. The Fund is made up of a portion of the Master Tobacco Settlement Agreement (41.5 percent of tobacco settlement revenues), tobacco taxes, and Medicaid recoveries. The introduced budget would have reserved $3.0 million of the fund for this foundation.)