2011 Vermont Code
Title 33 Human Services
Chapter 19 MEDICAL ASSISTANCE
§ 1986 Catamount fund

§ 1986. Catamount fund

(a) The Catamount fund is established in the treasury as a special fund to be a source of financing for the Catamount Health assistance program.

(b) Into the fund shall be deposited:

(1) revenue from the employer health care premium contribution pursuant to chapter 25 of Title 21;

(2) 14.5 percent of the revenue from the cigarette tax levied pursuant to chapter 205 of Title 32;

(3) premium amounts paid by individuals unless paid directly to the insurer; and

(4) the proceeds from grants, donations, contributions, taxes, and any other sources of revenue as may be provided by statute, rule, or act of the general assembly.

(c) The fund shall be administered pursuant to subchapter 5 of chapter 7 of Title 32, except that interest earned on the fund and any remaining balance shall be retained in the fund.

(d) All monies received by or generated to the fund shall be used only as allowed by appropriation of the general assembly for the administration and delivery of the Catamount Health assistance program under this subchapter, employer-sponsored insurance premium assistance under section 1974 of this title, immunizations under 18 V.S.A. { 1130, and development and implementation of the Blueprint for Health under 18 V.S.A. { 702.

(e) The agency shall submit annual reports on the receipts, expenditures, and balances in the Catamount Fund established in section 1986 of this title to the joint fiscal committee at its September meeting. (Added 2005, No. 191 (Adj. Sess.), { 16; amended 2007, No. 65, { 388, eff. June 4, 2007; No. 71, { 11; 2011, No. 45, { 36n.)