N.Y. Public Health Law § 268-g: Funding of the Marketplace

§ 268-g. Funding of the Marketplace. 1. The Marketplace shall be

funded by state and federal sources as authorized by applicable law,

including but not limited to applicable law authorizing the respective

insurance affordability programs available through the Marketplace.

2. The accounts of the Marketplace shall be subject to supervision of

the comptroller and such accounts shall include receipts, expenditures,

contracts and other matters which pertain to the fiscal soundness of the

Marketplace.

3. Notwithstanding any law to the contrary, and in accordance with

section four of the state finance law, upon request of the director of

the budget, in consultation with the commissioner, the superintendent

and the executive director of the Marketplace, the comptroller is hereby

authorized and directed to sub-allocate or transfer special revenue

federal funds appropriated to the department for planning and

implementing various healthcare and insurance reform initiatives

authorized by applicable law. Marketplace moneys sub-allocated or

transferred pursuant to this section shall be paid out of the fund upon

audit and warrant of the state comptroller on vouchers certified or

approved by the Marketplace.