California Government Code

§ 100520.5

GOV § 100520.5 Effective Sep 17, 2025Title 22

Statute text

(a)The Health Care Affordability Reserve Fund is hereby created in the State Treasury.

(b)Notwithstanding any other law, the Controller may use the funds in the Health Care Affordability Reserve Fund for cashflow loans to the General Fund as provided in Sections 16310 and 16381.

(c)Upon the enactment of the Budget Act of 2021, and upon order of the Director of Finance, the Controller shall transfer three hundred thirty-three million four hundred thirty-nine thousand dollars ($333,439,000) from the General Fund to the Health Care Affordability Reserve Fund.

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Legislative history

Amended by Stats. 2025, Ch. 105, Sec. 12. (AB 144) Effective September 17, 2025.