Current through Register Vol. 49, No. 8, August 19, 2024
Section 16A.724 - HEALTH CARE ACCESS FUNDSubdivision 1.Creation of fund.A health care access fund is created in the state treasury. The fund is a direct appropriated special revenue fund. The commissioner shall deposit to the credit of the fund money made available to the fund. Notwithstanding section 11A.20, after June 30, 1997, all investment income and all investment losses attributable to the investment of the health care access fund not currently needed shall be credited to the health care access fund.
Subd. 2.Transfers.(a) Notwithstanding section 295.581, to the extent available resources in the health care access fund exceed expenditures in that fund, effective for the biennium beginning July 1, 2007, the commissioner of management and budget shall transfer the excess funds from the health care access fund to the general fund on June 30 of each year, provided that the amount transferred in fiscal year 2016 shall not exceed $48,000,000, the amount in fiscal year 2017 shall not exceed $122,000,000, the amount in fiscal year 2024 shall not exceed $70,215,000, and the amount in any fiscal biennium thereafter shall not exceed $244,000,000. The purpose of this transfer is to meet the rate increase required under section 256B.04, subdivision 25.(b) For fiscal years 2006 to 2011, MinnesotaCare shall be a forecasted program, and, if necessary, the commissioner shall reduce these transfers from the health care access fund to the general fund to meet annual MinnesotaCare expenditures or, if necessary, transfer sufficient funds from the general fund to the health care access fund to meet annual MinnesotaCare expenditures. [See Note.]
Subd. 3.MinnesotaCare federal receipts.All federal funding received by Minnesota for implementation and administration of MinnesotaCare as a basic health program, as authorized in section 1331 of the Affordable Care Act, Public Law 111-148, as amended by Public Law 111-152, is appropriated to the commissioner of human services to be used only for the MinnesotaCare program under chapter 256L. Federal funding that is received for implementing and administering MinnesotaCare as a basic health program shall be used only for that program to purchase health care coverage for enrollees and reduce enrollee premiums and cost-sharing or provide additional enrollee benefits.
Subd. 4.MinnesotaCare funding.The commissioner of human services may expend money appropriated from the health care access fund for MinnesotaCare in either year of the biennium.
1992 c 549 art 9 s 1; 1995 c 234 art 9 s 1; 1Sp2005 c 4 art 8 s 1; 2007 c 147 art 4 s 1; art 5 s 1; art 19 s 11,12; 2009 c 101 art 2s 109; 2013 c 108 art 1 s 1; art 12 s 1; 2014 c 312 art 24 s 1; 2015 c 71 art 8 s 1; 2016 c 189 art 19 s 1
Amended by 2022 Minn. Laws, ch. 44,s 6, eff. 8/1/2022.Amended by 2022 Minn. Laws, ch. 44,s 1, eff. 8/1/2022.Amended by 2021SP1 Minn. Laws, ch. 7,s 1-40, eff. 8/1/2021.Amended by 2019 Minn. Laws, ch. 9,s 7-2, eff. 8/1/2019.Amended by 2016 Minn. Laws, ch. 189,s 19-1, eff. 8/1/2016.Amended by 2015 Minn. Laws, ch. 71,s 8-1, eff. 8/1/2015.Amended by 2014 Minn. Laws, ch. 312,s 24-1, eff. 8/1/2014.Amended by 2013 Minn. Laws, ch. 108,s 12-1, eff. 8/1/2013.Amended by 2013 Minn. Laws, ch. 108,s 1-1, eff. 1/1/2015.