HRS §302A-1406
Department of Education federal revenue maximization program revolving fund
This section creates a special state fund for the Department of Education to use for Medicaid-eligible services and related administrative costs. The fund gets money from federal revenue, legislative appropriations, interest, and other sources. It is a narrow, procedural rule about how the fund is set up and funded.
state agencies
The statute, as written — Department of education federal revenue maximization program revolving fund; established
(a) There is established in the state treasury the department of education federal revenue maximization program revolving fund to be administered by the department. Moneys from the revolving fund shall be expended by the department for medicaid-eligible services provided by the department and administrative costs related to the department of education federal revenue maximization program. (b) The department of education federal revenue maximization program revolving fund shall consist of: (1) Federal revenue collected by the department for administering and operating the department of education federal revenue maximization program; (2) Legislative appropriations; (3) All interest earned on the deposit or investment of moneys in the department of education federal revenue maximization program revolving fund; and (4) Any other moneys made available to the department of education federal revenue maximization program revolving fund from other sources.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.