Michigan Laws 12.256 – Expenditure of medicaid benefits trust fund revenues
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The legislature shall authorize the expenditure of medicaid benefits trust fund revenues through an appropriation act only for 1 or more of the following purposes:
(a) To finance a shortfall in the medicaid program due to a disallowance of medicaid payments from the federal government.
Terms Used In Michigan Laws 12.256
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Medicaid benefits trust fund: means the Michigan Medicaid benefits trust fund established in section 5. See Michigan Laws 12.252
- Medicaid program: means a program for medical assistance established under title XIX of the social security act, 42 USC 1396 to 1396w-6. See Michigan Laws 12.252
(b) To offset any decline in revenue caused by federal medicaid policy changes.