New Jersey Statutes 26:2H-18.58f. Transfer of funds to Division of Medical Assistance and Health Services
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Terms Used In New Jersey Statutes 26:2H-18.58f
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
8. a. The Commissioner of Health shall transfer to the Division of Medical Assistance and Health Services in the Department of Human Services from the Health Care Subsidy Fund, $23.8 million in fiscal year 1998, $47.6 million in fiscal year 1999, and an amount in each succeeding fiscal year that is necessary to obtain the maximum amount of federal funds to which the State is entitled in order to provide children’s health care coverage in the NJ FamilyCare Program pursuant to P.L.2005, c.156 (C. 30:4J-8 et al.), according to a schedule to be determined by the Commissioner of Health in consultation with the Commissioner of Human Services. These funds shall be expended to provide children’s health care coverage in the NJ FamilyCare Program pursuant to P.L.2005, c.156.
b. In fiscal year 1999 and each fiscal year thereafter, the Governor shall recommend and the Legislature shall appropriate to the Division of Medical Assistance and Health Services for the purposes of subsection a. of this section, those federal funds received in connection with the provision of children’s health care coverage in the NJ FamilyCare Program pursuant to P.L.2005, c.156.
L.1997, c.263, s.8; amended 2012, c.17, s.225.