Bill Text: IL SB2002 | 2009-2010 | 96th General Assembly | Engrossed
Bill Title: Amends the State Finance Act. Creates the Medicaid Fund Receipt Account within the General Revenue Fund. Provides that the receipt of all federal Medicaid reimbursement funds must be recorded as an entry in this account and that all such receipts must be expended solely for the purposes for which they were received and may not be expended or diverted for any other purpose.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2009-05-08 - Rule 19(a) / Re-referred to Rules Committee [SB2002 Detail]
Download: Illinois-2009-SB2002-Engrossed.html
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| 1 | AN ACT concerning finance.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The State Finance Act is amended by adding | ||||||
| 5 | Section 8.16d as follows:
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| 6 | (30 ILCS 105/8.16d new) | ||||||
| 7 | Sec. 8.16d. Medicaid Fund Receipt Account. The Medicaid | ||||||
| 8 | Fund Receipt Account is created as an account within the | ||||||
| 9 | General Revenue Fund. The receipt of all federal Medicaid | ||||||
| 10 | reimbursement funds must be recorded as an entry in this | ||||||
| 11 | account. All such receipts must be expended solely for the | ||||||
| 12 | purposes for which they were received and may not be expended | ||||||
| 13 | or diverted for any other purpose.
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