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92_SB0817enr
SB817 Enrolled LRB9206222DJmb
1 AN ACT in relation to public aid.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Finance Act is amended by adding
5 Section 5.545 as follows:
6 (30 ILCS 105/5.545 new)
7 Sec. 5.545. The Medicaid Buy-In Program Revolving Fund.
8 Section 10. The Illinois Public Aid Code is amended by
9 adding Section 12-10.5 as follows:
10 (305 ILCS 5/12-10.5 new)
11 Sec. 12-10.5. Medicaid Buy-In Program Revolving Fund.
12 (a) The Medicaid Buy-In Program Revolving Fund is
13 created as a special fund in the State treasury. The Fund
14 shall consist of cost-sharing payments made by individuals
15 pursuant to the Medicaid Buy-In Program established under
16 paragraph 11 of Section 5-2 of this Code. All earnings on
17 moneys in the Fund shall be credited to the Fund.
18 (b) Moneys in the Fund shall be appropriated to the
19 Department to pay the costs of administering the Medicaid
20 Buy-In Program, including payments for medical assistance
21 benefits provided to Program participants. The Department
22 shall adopt rules specifying the particular purposes for
23 which the moneys in the Fund may be spent.
24 Section 99. Effective date. This Act takes effect upon
25 becoming law.
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