2022 Session

Budget Amendments - SB30 (Floor Approved)

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Capture Savings from Federal Match Rate Change

Item 304 #24s

Item 304 #24s

First Year - FY2023 Second Year - FY2024
Health and Human Resources
Department of Medical Assistance Services FY2023 ($41,354,680) FY2024 ($83,132,035) GF
FY2023 $41,354,680 FY2024 $83,132,035 NGF


(This amendment captures savings of $41.4 million the first year and $83.1 million the second year from the general fund as a result of the change in the federal match rate for Medicaid. The match rate will increase from 50 percent on October 1, 2022, to 50.65 percent. The federal match rate for Medicaid is updated every year and is based on a state's personal per capita income as compared to the national average. The floor is 50 percent, which Virginia had received since 2004.)