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Higher Ed Savings-medicaid

It became law on Jul 1, 2024.

IL HB 4720 · House Bill · 103rd

Stage
Became law
Started in
House
Sponsors
6
Latest action
Jul 1, 2024

What it does

Amends the State Treasurer Act. Provides that, beginning in 2026, the Department of Healthcare and Family Services shall provide the State Treasurer with information on Medicaid recipients with one or more dependent children born after December 31, 2025 for the purpose of identifying the amount of seed funds to be deposited for each beneficiary. In provisions concerning supplementary deposits, provides that the State Treasurer may make supplementary deposits to each eligible child who is enrolled in Medicaid or whose parent or legal guardian is enrolled in Medicaid in the amount of $50 or a greater amount if designated by the State Treasurer by rule. Makes conforming changes.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 1, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Illinois.

Work with this bill

HIGHER ED SAVINGS-MEDICAID | 52