Language "There is hereby appropriated to the State Corporation Commission an amount not to exceed $1,200,000 to pay for the implementation costs of the plan management functions authorized in House Bill 1664 of the 2013 General Assembly Session, including an amount not to exceed $1,200,000 million to pay ongoing annual costs to carry out such functions. By June 30 of each fiscal year, the Commission shall reimburse the general fund the amount it receives during the fiscal year from the Federally Facilitated Exchange for the plan management activities performed by the Commission as part of the Federal-State Health Benefit Exchange Partnership. The Commission will be required to reimburse the general fund only for those funds that have been reimbursed by the Federally Facilitated Exchange for carrying out the plan management activities as part of the Federal-State Health Benefit Exchange Partnership."
Explanation(This amendment provides funding, $1.2 million from the general fund, and staffing, 13 FTEs, to support the creation of a Federal-State Health Benefit Exchange Partnership pursuant to the passage of House Bill 1664 of the 2013 General Assembly Session. The language requires the Commission to repay the General Fund any of the expenses they incurred which are reimbursed by the federal government. )