 | Fiscal NoteH.B. 579 2026 General Session Medicaid Funding Modifications by Dailey-Provost, Jennifer |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $0 | $0 | $0 |
| Revenues | FY2026 | FY2027 | FY2028 |
| Division of Services for People with Disabilities Restricted Account (GFR) | $0 | $7,000,000 | $7,000,000 |
| Medicaid Bud Stabilization Restricted Account (GFR) | $0 | $5,400,000 | $5,400,000 |
| Medicaid ACA Fund | $0 | $(12,400,000) | $(12,400,000) |
| Total Revenues | $0 | $0 | $0 |
Enactment of this legislation could result in the Medicaid ACA Fund losing $12.4 million in ongoing Interest Income. Enactment of this legislation could result in $7 million ongoing in earned interest income being deposited into the Services for Disabilities Restricted Account starting in FY 2027. As well as $5.4 million going into the Medicaid Budget Stabilization Restricted Account.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Division of Services for People with Disabilities Restricted Account (GFR) | $0 | $7,000,000 | $7,000,000 |
| Medicaid Bud Stabilization Restricted Account (GFR) | $0 | $5,400,000 | $5,400,000 |
| Total Expenditures | $0 | $12,400,000 | $12,400,000 |
Enactment of this legislation could result in the Medicaid ACA Fund transferring $12.4 million ongoing in interest income to the Services for People with Disabilities Restricted Account and the Medicaid Budget Stabilization Restricted Account. The Services for People with Disabilities Restricted Account would receive up to $7.0 million ongoing in interest income, with the remaining $5.4 million ongoing deposited into the Medicaid Budget Stabilization Restricted Account. The amount deposited into the Medicaid Budget Stabilization Restricted Account may vary year to year based on actual interest earnings.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $0 | $(12,400,000) | $(12,400,000) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.
Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.