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H.B. 69 Enrolled
This bill modifies provisions related to the Federal Health Care Tax Credit Program
. deletes the date terminating authorization for the Department of Workforce Services
relating to the federal health coverage tax credit program;
. deletes the requirement that the Department of Workforce Services prepare
. deletes the repeal date for the Federal Health Care Tax Credit Program Act; and
. makes technical changes.
Monies Appropriated in this Bill:
Other Special Clauses:
Utah Code Sections Affected:
31A-38-104, as enacted by Chapter 2, Laws of Utah 2004
63-55b-131, as last amended by Chapters 2 and 37, Laws of Utah 2004
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 31A-38-104 is amended to read:
31A-38-104. Authorization -- Monies transferred for reserves.
(a) convert the bridge program to the state program through any of the following, or
combination of the following, that the Department of Workforce Services considers best serves
the needs of qualified participants:
(i) a contract with a licensed insurance company authorized to do business in the state;
(ii) through any other arrangement acceptable under the Trade Reform Act; or
(iii) a self-insurance program through a third party administrator as provided in
(b) (i) in cooperation with the Division of Finance, establish an appropriate state fund for
the purpose of operation of the state program; and
(ii) transfer the balance of any monies received under the bridge program into this fund;
(c) obligate up to $2,000,000 of the Workforce Services Special Administrative Expense
Fund as reserves for the state program.
(2) The monies in the fund created under Subsection (1)(b) are:
(a) nonlapsing; and
(b) restricted to the purposes of the state program established under this chapter.
(3) The monies in Subsection (1)(c) may be:
(a) used until the reserves in the state program become adequate; and
(b) transferred into or out of any fund created under Subsection (1)(b).
Section 2. Section 63-55b-131 is amended to read:
63-55b-131. Repeal dates, Title 31A.
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