2020 Session

Budget Amendments - HB30 (Conference Report)

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Capture ACA Insurance Tax Savings

Item 313 #23c

Item 313 #23c

First Year - FY2021 Second Year - FY2022
Health and Human Resources
Department of Medical Assistance Services FY2021 $0 FY2022 ($30,565,273) GF
FY2021 $0 FY2022 ($61,238,889) NGF

Page 294, line 18, strike "$17,038,007,934" and insert "$16,946,203,772".


(This amendment reduces $30.6 million from the general fund and $61.2 million in matching federal Medicaid funds the second year to reflect the impact of the elimination of the tax on health insurers beginning calendar year 2021. The recent budget passed by Congress eliminates the tax. The tax on health insurers was created in the Affordable Care Act and is imposed on Medicaid managed care companies, which is the reason the tax impacts the state budget.)