2024 Session

Budget Amendments - SB30 (Floor Approved)

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Medicaid Forecast Contingency

Item 471 #6s

Item 471 #6s

First Year - FY2025 Second Year - FY2026
Central Appropriations
Central Appropriations FY2025 $125,000,000 FY2026 $25,000,000 GF

Page 519, line 54, strike "$186,800,000" and insert "$311,800,000".
Page 519, line 54, strike "$1,300,000" and insert "$26,300,000".

Page 523, after line 14, insert:

"O. Out of this appropriation, $125,000,000 the first year and $25,000,000 the second year is authorized to be provided, if necessary, to the Department of Medical Assistance Services (DMAS) if the general fund amounts in Item 288 of this act are insufficient to pay all Medicaid costs in the fiscal year due to higher than expected program enrollment. The Director, Department of Planning and Budget (DPB), is authorized to transfer funds from this appropriation to Item 288 if the Director of DMAS can demonstrate that the general fund appropriation is insufficient to meet all obligations for the fiscal year.  In the first year, if the Director of DMAS notifies DPB that payments in the Medicaid program were delayed from FY 2024 into FY 2025 due to insufficient funding, the Director of DPB shall have the authority to transfer the general fund share of that shortfall to cover those payments in FY 2025. The Director of DPB shall notify the Chairs of the House Appropriations and Senate Finance and Appropriations Committee within five days of any transfer of appropriation pursuant to these provisions."


(This amendment provides $125.0 million GF the first year and $25.0 million GF the second year as a contingency for higher than expected enrollment in the Medicaid program.)