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H.B. 69

             1     

FEDERAL HEALTH CARE TAX CREDIT

             2     
PROGRAM ACT

             3     
2005 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: Curtis Oda

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill modifies the Federal Health Care Tax Credit Program Act.
             10      Highlighted Provisions:
             11          This bill:
             12          .    deletes the date terminating authorization for the Department of Workforce Services
             13      relating to the federal health coverage tax credit program;
             14          .    deletes the requirement that the Department of Workforce Services prepare
             15      legislation;
             16          .    deletes the repeal date for the Federal Health Care Tax Credit Program Act; and
             17          .    makes technical changes.
             18      Monies Appropriated in this Bill:
             19          None
             20      Other Special Clauses:
             21          None
             22      Utah Code Sections Affected:
             23      AMENDS:
             24          31A-38-104, as enacted by Chapter 2, Laws of Utah 2004
             25          63-55b-131, as last amended by Chapters 2 and 37, Laws of Utah 2004
             26     
             27      Be it enacted by the Legislature of the state of Utah:


             28          Section 1. Section 31A-38-104 is amended to read:
             29           31A-38-104. Authorization -- Monies transferred for reserves.
             30          (1) [Until July 1, 2005, the] The Department of Workforce Services may:
             31          (a) convert the bridge program to the state program through any of the following, or
             32      combination of the following, that the Department of Workforce Services considers best serves
             33      the needs of qualified participants:
             34          (i) a contract with a licensed insurance company authorized to do business in the state;
             35          (ii) through any other arrangement acceptable under the Trade Reform Act; or
             36          (iii) a self-insurance program through a third party administrator as provided in
             37      Subsection 31A-38-103(3)(b)(ii);
             38          (b) (i) in cooperation with the Division of Finance, establish an appropriate state fund
             39      for the purpose of operation of the state program; and
             40          (ii) transfer the balance of any monies received under the bridge program into this
             41      fund; and
             42          (c) obligate up to $2,000,000 of the Workforce Services Special Administrative
             43      Expense Fund as reserves for the state program.
             44          (2) The monies in the fund created under Subsection (1)(b) are:
             45          (a) nonlapsing; and
             46          (b) restricted to the purposes of the state program established under this chapter.
             47          (3) The monies in Subsection (1)(c) may be:
             48          (a) used until the reserves in the state program become adequate; and
             49          (b) transferred into or out of any fund created under Subsection (1)(b).
             50          [(4) If legislation is needed to continue the state program beyond July 1, 2005, the
             51      Department of Workforce Services shall prepare draft legislation to be presented to the
             52      Workforce Services and Community and Economic Development Interim Committee by
             53      November 30, 2004.]
             54          Section 2. Section 63-55b-131 is amended to read:
             55           63-55b-131. Repeal dates, Title 31A.
             56          [(1)] Section 31A-23a-415 is repealed July 1, 2006.
             57          [(2) Title 31A, Chapter 38, Federal Health Care Tax Credit Program Act, is repealed
             58      July 1, 2005.]






Legislative Review Note
    as of 12-28-04 11:20 AM


Based on a limited legal review, this legislation has not been determined to have a high
probability of being held unconstitutional.

Office of Legislative Research and General Counsel


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