View Our Newest Version Here

2006 Utah Code - 26-18-402 — Medicaid Restricted Account.

     26-18-402.   Medicaid Restricted Account.
     (1) There is created a restricted account in the General Fund known as the Medicaid Restricted Account.
     (2) (a) Any general funds appropriated to the department for the state plan for medical assistance or for the Division of Health Care Financing that are not expended by the department in the fiscal year for which the general funds were appropriated and which are not otherwise designated as nonlapsing shall lapse into the Medicaid Restricted Account.
     (b) The account shall earn interest and all interest earned shall be deposited into the account.
     (c) The Legislature may appropriate monies in the restricted account to fund programs that expand medical assistance coverage and private health insurance plans to low income persons who have not traditionally been served by Medicaid, including the Utah Children's Health Insurance Program created in Chapter 40.

Amended by Chapter 360, 1998 General Session

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.