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F I S C A L I M P A C T R E P O R T

SPONSOR:	Feldman		DATE TYPED:	1/31/03		HB
SHORT TITLE:		Tobacco Settlement Program Funds for Medicaid				SB	324
					ANALYST:		Weber

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY03	FY04	FY03	FY04
	$20,000.0			Recurring	Tobacco Settlement Program Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to SB 2 and HB 7, General Appropriation Act

SUMMARY

Synopsis of Bill

Senate Bill 324 appropriates $20 million from the Tobacco Settlement Program Fund to the Human Services Department for use in the Medicaid program.

Significant Issues

The tobacco settlement program funds are appropriated for Medicaid in SB 2 and HB 7, the General Appropriation Act. Therefore, funds are not available unless changes are made in these bills.

FISCAL IMPLICATIONS

The appropriation of $20,000.0 contained in this bill is a recurring expense to the tobacco settlement program fund. Any unexpended or unencumbered balance remaining at the end of Fiscal Year 2004 shall revert to the Tobacco Settlement Program Fund.

MW/njw