Section 22-6-3 Disposition of fund balances. - Alabama Statutes

Section 22-6-3

Disposition of fund balances.

(a) All balances of revenue, income and receipts remaining in the Medicaid Fund at the end of a fiscal year shall carry over to the next fiscal year and shall not revert to the State General Fund under the provisions of Section 41-4-93.

(b) All balances carried forward to the next fiscal year shall be reapportioned for expenditure for operation of the Medicaid Program.

(Acts 1971, No. 2250, p. 3614, §3.)