Arizona Revised Statutes Title 36. Public Health and Safety § 36-2928. Budget neutrality compliance fund; nonlapsing

A. The budget neutrality compliance fund is established consisting of third party liability recoveries pursuant to § 36-2913, county contributions deposited pursuant to § 11-292, subsection O and § 11-300, subsection E and appropriations. The administration shall administer the fund. Monies in the fund are continuously appropriated and do not revert to the state general fund.

B. On notice from the administration, the state treasurer shall invest and divest monies in the fund as provided by § 35-313, and monies earned from investment shall be credited to the Arizona tobacco litigation settlement fund established by § 36-2901.02.

C. The administration shall use any remaining fund monies to pay for expenditures made pursuant to § 36-2901.02, subsection B, paragraph 1 if sufficient monies are not available in the Arizona tobacco litigation settlement fund established by § 36-2901.02, except that the administration shall use fund monies deposited pursuant to § 11-292, subsection P for any direct and indirect eligibility costs associated with the expansion of program services.

D. On or before June 30 of each year, the administration shall transfer from the Arizona tobacco litigation settlement fund established by § 36-2901.02 an amount necessary to reimburse the fund established pursuant to this section for its expenditures made to cover costs associated with the expanded definition of eligibility pursuant to § 36-2901.01, 36-2901.04 or 36-2903.03.

E. Notwithstanding subsection C of this section, in fiscal year 2001-2002, the administration shall use forty-six million seven hundred thirty-six thousand dollars of fund monies for maintenance of effort for the state match for persons who are determined eligible pursuant to § 36-2901.01, 36-2901.04 or 36-2903.03. Beginning in fiscal year 2002-2003 and each fiscal year thereafter, the administration shall adjust this amount for inflation based on the GDP price deflator as defined in § 41-563.