California Statutes

§ 16531.1. — 16531.1. (Amended by Stats. 2023, Ch. 42, Sec. 3.)

California·Code GOV Government Code - GOV·Div. 4.·Title 2. DIVISION 4. FISCAL AFFAIRS·Part 2. PART 2. STATE FUNDS·Ch. 4. CHAPTER 4. Bank Deposits·Art. 2. ARTICLE 2. Security for Deposits
(a)Notwithstanding any other law and without regard to fiscal year, if the annual State Budget is not enacted by June 30 of the fiscal year preceding the fiscal year to which the budget would apply or there is a deficiency in the Medi-Cal budget during a fiscal year, all of the following shall occur:
(1)The Controller shall annually transfer from the General Fund, upon order of the Department of Finance, in the form of one or more loans, an amount not to exceed a cumulative total of 10 percent of the amount appropriated from the General Fund for Medi-Cal benefit costs in the Budget Act of the most recent fiscal year, to the Medical Providers Interim Payment Fund, which is hereby created in the State Treasury. Notwithstanding Section 13340, the Medical Providers Interim Paymen

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California § 16531.1. (16531.1. (Amended by Stats. 2023, Ch. 42, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2023, Ch. 42, Sec. 3. (AB 118) Effective July 10, 2023.

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