Illinois General Assembly - Full Text of HB2934
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Full Text of HB2934  97th General Assembly

HB2934eng 97TH GENERAL ASSEMBLY

  
  
  

 


 
HB2934 EngrossedLRB097 06801 KTG 46892 b

1    AN ACT concerning public aid.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the Cash
5Management and Medicaid Maximization Act of 2011.
 
6    Section 5. Interfund transfers.
7    (a) Notwithstanding any other provision of State law to the
8contrary, on the effective date of this Act, or as soon
9thereafter as practical, for the purpose of accessing enhanced
10federal Medicaid matching funds that expire on June 30, 2011,
11on or after June 20, 2011 and no later than June 25, 2011 the
12Governor, the State Comptroller, and the State Treasurer shall
13transfer amounts into the Healthcare Provider Relief Fund from
14special funds of the State, excluding the Road Fund and the
15State Construction Account Fund, not to exceed $900,000,000.
16    (b) No transfer may be made from a special fund under this
17Section that would have the effect of reducing the available
18balance in the fund to an amount less than the amount remaining
19unexpended and unreserved from the total appropriation from
20that fund estimated to be expended for the months of July and
21August 2011. Notwithstanding any other provision of this
22Section, no such transfer may be made from any special fund
23that is exclusively collected by or appropriated to any other

 

 

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1constitutional officer without the written approval of that
2constitutional officer. Any moneys transferred pursuant to
3this Act shall be repaid from the General Revenue Fund to the
4fund of origin by July 31, 2011.
5    (c) On and after the effective date of this Act through
6July 30, 2011, if any special fund utilized for the purpose of
7this Act has insufficient cash from which the State Comptroller
8may make expenditures properly supported by appropriations
9from the fund, then the Governor, the State Treasurer, and the
10State Comptroller shall transfer from the General Revenue Fund
11to the fund only such amount as is immediately necessary to
12satisfy outstanding expenditure obligations on a timely basis,
13subject to the provisions of the State Prompt Payment Act. All
14or a portion of the amounts transferred from the General
15Revenue Fund to a fund pursuant to this subsection (c) from
16time to time may be re-transferred by the Governor, the State
17Comptroller, and the State Treasurer from the receiving fund
18into the General Revenue Fund as soon as and to the extent that
19deposits are made into or receipts are collected by the
20receiving fund.
21    (d) By no later than July 30, 2011, any amounts transferred
22under the authority of this Section shall be transferred back
23and receipted by the General Revenue Fund. These transfers back
24to the funds of origin shall be made and receipted
25notwithstanding any other State law to the contrary.
 

 

 

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1    Section 10. Interest payable to special funds. As soon as
2practical, after all amounts initially transferred under the
3authority of this Act from special funds of the State have been
4transferred back pursuant to Section 5 of this Act, the State
5Treasurer shall calculate the amounts of interest that would
6have accrued to those special funds if those transfers had not
7occurred and transfer those amounts from the General Revenue
8Fund to those special funds.
 
9    Section 15. Prohibition on payments to contractors. No
10fees or expenses shall be paid by the State to any contractual
11legal counsel, financial advisor, or other consultant or
12contractor in relation to the actions authorized pursuant to
13this Act.
 
14    Section 99. Effective date. This Act takes effect upon
15becoming law.