2013 Session

Budget Amendments - SB800 (Committee Approved)

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Revert Use of Virginia Health Care Fund Revenues

Item 307 #2s

Item 307 #2s

First Year - FY2013 Second Year - FY2014
Health And Human Resources
Medical Assistance Services, Department of FY2013 ($1,000,000) FY2014 $0 GF
FY2013 $1,000,000 FY2014 $0 NGF

Page 264, line 16, strike "423,940,204" and insert "426,940,204".
Page 264, after line 26, insert:
"4.  Out of the Virginia Health Care Fund, the Department of Medical Assistance Services may transfer $2.0 million the first year only to the Center for Health Innovation for grants to public and private organizations to explore ideas to reduce the rising cost of health care.  The department shall provide quarterly updates on the allocation of funds to the Chairmen of the House Appropriations and Senate Finance Committees beginning September 30, 2013."

(This amendment reverts the appropriation of $3.0 million from nongeneral fund balances in the Virginia Health Care Fund to the Center for Health Innovation the first year. The amendment includes budget language allowing the transfer of $2.0 million the first year from the VHCF to the Center for Health Innovation. The net effect of this amendment is to increase nongeneral fund revenues to the VHCF by $1.0 million, resulting in a general fund savings of $1.0 million. Revenues to the VHCF have historically been used as the state share of Medicaid spending.)