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HB20-1385

Use Of Increased Medicaid Match

Concerning the increased money received due to the federal "Families First Coronavirus Response Act", and, in connection therewith, making and reducing appropriations.
Session:
2020 Regular Session
Subject:
Health Care & Health Insurance
Bill Summary

For fiscal years 2019-20 and 2020-21, the act specifies that:

  • If a provider or a school district submits a certification of public expenditure pursuant to federal law, the provider or school district shall receive federal matching funds in the amount of 50% of the amount certified, and any federal financial participation in excess of 50% of the amount certified must be transferred to the general fund for the medical assistance program;
  • The amount of increased federal financial participation in excess of 50% generated from appropriations out of the healthcare affordability and sustainability fee cash fund must be used to offset other general fund appropriations for the medical assistance program;
  • The amount of increased federal financial participation in excess of 50% for reimbursements and payments must be transferred from the medicaid nursing facility cash fund to the general fund for the medical assistance program expenditures; and
  • The appropriation to the university of Colorado for fee-for-service contracts for health services is reduced by the amount of federal financial participation that exceeds 50%.

The act makes adjustments to the appropriations to transfer the amounts in excess of 50% to the general fund and appropriates those amounts for the medical services program.


(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/29/2020 Signed Act PDF
    06/19/2020 Final Act PDF
    06/06/2020 Rerevised PDF
    06/05/2020 Revised PDF
    06/03/2020 Reengrossed PDF
    06/01/2020 Engrossed PDF
    05/26/2020 Introduced PDF

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. D. Esgar, Rep. J. McCluskie
Sen. D. Moreno, Sen. R. Zenzinger

Sponsor


Sen. B. Rankin

Co-sponsor

Rep. M. Snyder, Rep. D. Valdez

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