Illinois Compiled Statutes 30 ILCS 105/6z-124 – Managed Care Oversight Fund
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Terms Used In Illinois Compiled Statutes 30 ILCS 105/6z-124
- 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
- Oversight: Committee review of the activities of a Federal agency or program.
- 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
The Managed Care Oversight Fund is created as a special fund in the State treasury. Subject to appropriation, available annual moneys in the Fund shall be used by the Department of Healthcare and Family Services to support contracting with women and minority-owned businesses as part of the Department’s Business Enterprise Program requirements. The Department shall prioritize contracts for care coordination services, workforce development, and other services that support the Department’s mission to promote health equity. Funds may not be used for any administrative costs of the Department.