2018 Special Session I

Budget Amendments - HB5002 (Senate Committee Approved)

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Suspension of Federal Insurance Tax

Item 303 #2s

Item 303 #2s

First Year - FY2019 Second Year - FY2020
Health and Human Resources
Department of Medical Assistance Services FY2019 $0 FY2020 ($41,977,057) GF
FY2019 $0 FY2020 ($41,977,057) NGF

Page 257, line 34, strike "$12,657,131,076" and insert "$12,573,176,962".


(This amendment reduces $42.0 million from the general fund and a like amount of federal matching funds in the second year to reflect the impact of the federal suspension of a tax on health insurers for calendar year 2019. The continuing resolution (H.R. 195) passed by Congress in January suspended the tax. The tax on health insurers was created in the Affordable Care Act and the net impact is that the cost of the tax is passed-through to Medicaid managed care companies, which is the reason the tax impacts the state budget.)