(a) The Health and Human Services Special Fund is hereby created in the State Treasury.
(b) All revenues, less refunds, derived from the taxes provided for in this article shall be deposited in the State Treasury to the credit of the Health and Human Services Special Fund.
(c) Notwithstanding Section 16305.7 of the Government Code, any interest and dividends earned on moneys in the Health and Human Services Special Fund shall be retained in the fund and used solely for the purpose specified in subdivision (d).
(d) Notwithstanding Section 13340 of the Government Code, the funds deposited in the Health and Human Services Special Fund pursuant to this article shall be continuously appropriated, without regard to fiscal year, to the department for purposes of funding the nonfederal share of Medi-Cal managed care rates for health care services furnished to children, adults, seniors and persons with disabilities, and persons dually eligible for Medi-Cal and Medicare.
(e) The department shall provide an annual report to all health plans accounting for the funds deposited in and expended from the Health and Human Services Special Fund, in a time and manner as deemed appropriate by the director. The report shall identify the taxes imposed on each health plan pursuant to this article, and shall provide an itemized accounting of expenditures from the fund.
(Added by Stats. 2016, 2nd Ex. Sess., Ch. 2, Sec. 5. (SB 2 2x) Effective June 9, 2016. Operative July 1, 2016, pursuant to Section 14199.56. Conditionally inoperative as prescribed by Secs. 7 and 8 of Ch. 2. Inoperative July 1, 2019, pursuant to Section 14199.56, if not made inoperative sooner. Repealed as of June 30, 2020, pursuant to Section 14199.56.)
Last modified: October 25, 2018