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Public Act 92-0163
SB817 Enrolled LRB9206222DJmb
AN ACT in relation to public aid.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The State Finance Act is amended by adding
Section 5.545 as follows:
(30 ILCS 105/5.545 new)
Sec. 5.545. The Medicaid Buy-In Program Revolving Fund.
Section 10. The Illinois Public Aid Code is amended by
adding Section 12-10.5 as follows:
(305 ILCS 5/12-10.5 new)
Sec. 12-10.5. Medicaid Buy-In Program Revolving Fund.
(a) The Medicaid Buy-In Program Revolving Fund is
created as a special fund in the State treasury. The Fund
shall consist of cost-sharing payments made by individuals
pursuant to the Medicaid Buy-In Program established under
paragraph 11 of Section 5-2 of this Code. All earnings on
moneys in the Fund shall be credited to the Fund.
(b) Moneys in the Fund shall be appropriated to the
Department to pay the costs of administering the Medicaid
Buy-In Program, including payments for medical assistance
benefits provided to Program participants. The Department
shall adopt rules specifying the particular purposes for
which the moneys in the Fund may be spent.
Section 99. Effective date. This Act takes effect upon
becoming law.
Passed in the General Assembly May 08, 2001.
Approved July 25, 2001.
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