N.Y. State Finance Law 97-GGGG – Medicaid training contract account
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§ 97-gggg. Medicaid training contract account. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance an account of the miscellaneous special revenue fund to be known as the "medicaid training contract account".
Terms Used In N.Y. State Finance Law 97-GGGG
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
2. Such account shall consist of monies received from a contract management fee resulting from contracts relating to training of local social services district and state staff for the medical assistance program.
3. Moneys of this account, following appropriation by the legislature, shall be available to the department of health for administrative activities related to the development and management of training contracts.