Illinois Compiled Statutes 20 ILCS 2405/5b – Home Services Medicaid Trust Fund
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(a) The Home Services Medicaid Trust Fund is hereby created as a special fund in the State treasury.
(b) Amounts paid to the State during each State fiscal year by the federal government under Title XIX or Title XXI of the Social Security Act for services delivered in relation to the Department’s Home Services Program established pursuant to Section 3 of this Act, beginning in State fiscal year 2019 in amounts not exceeding a total of $234,000,000 in any State fiscal year, and any interest earned thereon, shall be deposited into the Fund.
(c) Moneys in the Fund may be used by the Department for the purchase of services, and operational and administrative expenses, in relation to the Home Services Program.
(b) Amounts paid to the State during each State fiscal year by the federal government under Title XIX or Title XXI of the Social Security Act for services delivered in relation to the Department’s Home Services Program established pursuant to Section 3 of this Act, beginning in State fiscal year 2019 in amounts not exceeding a total of $234,000,000 in any State fiscal year, and any interest earned thereon, shall be deposited into the Fund.
Terms Used In Illinois Compiled Statutes 20 ILCS 2405/5b
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(c) Moneys in the Fund may be used by the Department for the purchase of services, and operational and administrative expenses, in relation to the Home Services Program.