Download Zipped Introduced WordPerfect HB0069.ZIP
[Status][Bill Documents][Fiscal Note][Bills Directory]
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
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:
20 Other Special Clauses:
22 Utah Code Sections Affected:
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
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) [
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).
54 Section 2. Section 63-55b-131 is amended to read:
55 63-55b-131. Repeal dates, Title 31A.
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.