(a) There is established as a nonlapsing fund the Hospital Fund, which shall be used solely to fund District State Medicaid services.
(b) There shall be deposited into the Hospital Fund:
(1) Assessments collected under this chapter;
(2) Interest and penalties collected under this chapter;
(3) Matching federal funds on assessments; and
(4) Other amounts collected under this chapter.
(c) All funds deposited in the Hospital Fund; and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time, but shall be continually available for the purpose set forth in subsection (a) of this section without regard to fiscal year limitation, subject to authorization by Congress.
CREDIT(S)
(Sept. 24, 2010, D.C. Law 18-223, § 5013, 57 DCR 6242.)
HISTORICAL AND STATUTORY NOTES
Temporary Addition of Section
Section 1103 of D.C. Law 18-222 added a section to read as follows:
“Sec. 1103. Hospital Fund.
“(a) There is established as a nonlapsing fund the Hospital Fund, which shall be used solely to fund District State Medicaid services.
“(b) There shall be deposited into the Hospital Fund:
“(1) Assessments collected under this act;
“(2) Interest and penalties collected under this act;
“(3) Matching federal funds on assessments; and
“(4) Other amounts collected under this act.
“(c) All funds deposited in the Hospital Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time, but shall be continually available for the purpose set forth in subsection (a) of this section without regard to fiscal year limitation, subject to authorization by Congress.”
Section 2002(b) of D.C. Law 18-222 provides that the act shall expire after 225 days of its having taken effect.
Emergency Act Amendments
For temporary (90 day) addition, see § 1103 of Fiscal Year 2010 Balanced Budget Support Emergency Act of 2010 (D.C. Act 18-450, June 28, 2010, 57 DCR 5635).
For temporary (90 day) addition, see § 5013 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
For temporary (90 day) addition, see §§ 1103 of Fiscal Year 2010 Balanced Budget Support Congressional Review Emergency Act of 2010 (D.C. Act 18-531, August 6, 2010, 57 DCR 8109).
Legislative History of Laws
For Law 18-223, see notes following § 44-631.