A BILL TO BE ENTITLED AN ACT TO PROVIDE ADDITIONAL FUNDING IN THE STATE MEDICAID PROGRAM FOR THE 2012-2013 FISCAL YEAR.
Senate committee substitute makes the following changes to the 2nd edition. Increases the cap on the amount that the Director of the Budget must make in budget adjustments to ensure adequate funding in the Medicaid budget to an amount not to exceed $451 million (was, $401 million) and increases the projected budget shortfall to $333 million (was, $283 million). Amends the adjustments that are required to be made to require the transfer of projected revenue over collections for the 2012-13 fiscal year in the amount of up to $94,667,122 (was, up to $44,667,122). Makes clarifying changes.
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