2015 Session

Budget Amendments - HB1400 (Committee Approved)

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Adjust Revenues to Virginia Health Care Fund

Item 301 #5h

Item 301 #5h

First Year - FY2015 Second Year - FY2016
Health and Human Resources
Medical Assistance Services, Department of FY2015 $0 FY2016 $221,568 GF
FY2015 $0 FY2016 ($221,568) NGF

Page 258, line 35, strike "$341,406,698" and insert "$341,185,130".

(This amendment increases the general fund appropriation for Medicaid by $221,568 and reduces a like amount of nongeneral funds the second year, reflecting reduced revenues to the Virginia Health Care Fund (VHCF). Because revenues in the fund are required to be used as the state share of Medicaid, a reduction in revenue results in a need to increase the general fund amount for the program. The reduction in revenue is attributable to the elimination of a proposed increase in the tax stamp contained in the introduced budget.)