Joint Budget Committee. The bill creates the state funding for
senior services contingency reserve fund (fund) in the department of the treasury to aid the state office on aging in addressing unforeseen circumstances experienced by an area agency on aging or a provider of eligible services. The bill sets criteria that must be met for an area agency on aging
or a provider of eligible services to receive money from the fund.
The bill requires the general assembly to annually appropriate
money in the fund for the department of human services to administer the fund.
On or before January 1, 2025, and each January 1 thereafter, the
bill requires the department of human services to submit a report to the office of state planning and budgeting and the joint budget committee of the general assembly detailing who received money from the fund and how it was used.
The fund is repealed, effective September 1, 2029. Prior to repeal,
the fund is subject to a sunset review.
