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2020 Session

Budget Amendments - HB30 (Conference Report)

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Restore MSA Payment Allocation to Medicaid

Item 476 #2c

Item 476 #2c

First Year - FY2021 Second Year - FY2022
Central Appropriations
Central Appropriations FY2021 ($1,734,940) FY2022 ($1,716,867) NGF

Language
Page 455, line 26, strike "$71,062,845" and insert "$69,327,905".
Page 455, line 26, strike "$71,044,772" and insert "$69,327,905".

Page 455, line 46, strike "10" and insert "8.5".



Explanation

(This amendment modifies the allocation of the Master Settlement Agreement with tobacco manufacturers revenue for the Virginia Foundation for Healthy Youth from 10 percent, as proposed in the introduced budget, to 8.5 percent. The introduced budget increased the allocation which required $1.7 million from the general fund each year to offset the loss of revenue to the Health Care Fund, which supportd the state share for Medicaid. This amendment reverses that action.)