§ 25.5-8-105 — Trust - created

Colorado § 25.5-8-105

• Jurisdiction: Colorado
• Title 25.5: Health
• Art.: Children's Basic Health Plan

Text

(1) A fund to be known as the children's basic
health plan trust is hereby created and established in the state treasury. Except as
provided for in subsection (8) of this section, all moneys deposited in the trust and
all interest earned on moneys in the trust shall remain in the trust for the purposes
set forth in this article, and no part thereof shall be expended or appropriated for
any other purpose. The principal of the trust shall be expended, subject to annual
appropriation by the general assembly, solely for the purposes set forth in this
article.

(2) (a) Except as provided for in subsection (8) of this section, all or a portion
of the moneys in the trust shall be annually appropriated by the general assembly
for the purposes of this article and shall not be transferred to or revert to the
general fund of the state at the end of any fiscal year.

(b) Notwithstanding the provisions of paragraph (a) of this subsection (2),
moneys in the trust may be used to pay the state's portion of any computer system
changes necessary to expand eligibility in the plan.

(3) (a) Pursuant to section 24-75-1104.5 (1.7)(b), C.R.S., and except as
otherwise provided in section 24-75-1104.5 (5), C.R.S., beginning in the 2016-17
fiscal year and in each fiscal year thereafter so long as the state receives moneys
pursuant to the master settlement agreement, the state treasurer shall transfer to
the trust eighteen percent of the total amount of the moneys annually received by
the state pursuant to the master settlement agreement, not including attorney fees
and costs, during the preceding fiscal year. The state treasurer shall transfer the
amount specified in this subsection (3) from moneys credited to the tobacco
litigation settlement cash fund created in section 24-22-115, C.R.S. The amount
transferred pursuant to this subsection (3) is in addition to and not in replacement
of any general fund moneys appropriated to the trust.

(b) Repealed.

(4) Repealed.

(5) (a) Beginning in fiscal year 1998, appropriations to the trust may be made
by the general assembly based on the savings achieved through reforms,
consolidations, and streamlining of health-care programs realized through actual
reductions in administrative and programmatic costs associated with the
implementation of this article and not decreases in the number of caseloads of such
programs. Beginning with and subsequent to fiscal year 2000-01, the general
assembly may make annual appropriations to the trust.

(b) and (c) Repealed.

(6) As part of its annual savings report to the general assembly on November
1 of each year, the department may identify efficiencies and consolidations that
produce savings in the department's annual budget request that result in actual
reductions in administrative and programmatic costs associated with the
implementation of this article and not decreases in the number of caseloads of such
programs.

(7) The department may receive payment for coverage offered and may
receive or contract for donations, gifts, and grants from any source. Such funds
shall be transmitted to the state treasurer who shall credit the same to the trust.
The department may expend such funds from the trust for the purposes of this
article.

(8) (a) Beginning in the 2011-2012 fiscal year and for each fiscal year
thereafter, moneys in the trust may be used for costs associated with children
enrolled in the medical assistance program, articles 4, 5, and 6 of this title, whose
family income is more than one hundred percent but does not exceed one hundred
thirty-three percent of the federal poverty line and who would have been eligible
for enrollment in the children's basic health plan prior to September 1, 2011.

(b) On July 1, 2016, the state treasurer shall transfer twenty million dollars
from the children's basic health plan trust to the primary care provider
sustainability fund created in section 25.5-5-418.

Legislative History

Source: L. 2006: (3) amended, p. 1040, � 10, effective May 25; entire article added with relocations, p. 1976, � 7, effective July 1. L. 2007: (1), (2), and (3) amended, p. 150, � 11, effective March 22; (3)(b) amended, p. 892, � 5, effective July 1. L. 2008: (2) amended, p. 2020, � 3, effective June 3. L. 2009: (1), (2), and (3) amended, (SB 09-210), ch. 124, p. 531, � 5, effective April 16; (3) amended, (SB 09-269), ch. 333, p. 1768, � 9, effective June 1. L. 2011: (1) and (2)(a) amended and (8) added, (SB 11-008), ch. 100, p. 293, � 3, effective September 1. L. 2012: (3)(b) amended, (HB 12-1247), ch. 53, p. 197, � 7, effective March 22. L. 2015: (1) and (2)(a) amended and (4), (5)(b), and (5)(c) repealed, (SB 15-264), ch. 259, p. 962, � 79, effective August 5. L. 2016: (3)(a) and (8) amended and (3)(b) repealed, (HB 16-1408), ch. 153, pp. 469, 472, � � 20, 26, effective July 1; (6) amended, (HB 16-1081), ch. 22, p. 53, � 10, effective August 10.