Tennessee Statutes
§ 71-5-160 — Maintenance of coverage trust fund
Tennessee·Title 71
(a)There is continued and revived, if necessary, a segregated account within the state treasury that shall be known as the maintenance of coverage trust fund created by Chapter 909 of the Public Acts of 2010. The fund shall not be used to replace any moneys otherwise appropriated to the TennCare program by the general assembly or to replace any moneys appropriated outside of the TennCare program.
(b)The maintenance of coverage trust fund shall consist of:
(1)All annual coverage assessments received by the bureau; and (2) Investment earnings credited to the assets of the maintenance of coverage trust fund.
(c)Monies credited or deposited to the maintenance of coverage trust fund together with all federal matching funds shall be available to and used by the bureau only for expenditures i
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Legislative History
Amended by 2014 Tenn. Acts, ch. 877,s 2, eff. 7/1/2014. Amended by 2013 Tenn. Acts, ch. 250,s 2, eff. 7/1/2013.
Nearby Sections
15
§ 71-1-101
Short title§ 71-1-102
Part definitions§ 71-1-103
Department created§ 71-1-105
Powers and duties§ 71-1-107
Duties of commissioner§ 71-1-108
Authority over personnel§ 71-1-109
Legal assistance - Property - Rules§ 71-1-111
Hearings - Evidence§ 71-1-113
Expenditure of funds§ 71-1-115
Conditions imposed on local governments