Okla. Stat. tit. 56, § 56-1010.8A: Medicaid Health Improvement Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Health Care Authority to be designated the

"Medicaid Health Improvement Revolving Fund". The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all monies received from the premium tax levied on

contracted entities under paragraph 2 of subsection A of Section 624

of Title 36 of the Oklahoma Statutes and such other funds as may be

provided by law. All monies accruing to the credit of the fund are

hereby appropriated and may be budgeted and expended by the

Authority for the following purposes:

1. To supplement the state Medicaid program;

2. To supplement the Supplemental Hospital Offset Payment

Program; and

3. To supplement the Rate Preservation Fund created in Section

5020A of Title 63 of the Oklahoma Statutes.

Expenditures from the fund shall be made upon warrants issued by

the State Treasurer against claims filed as prescribed by law with

the Director of the Office of Management and Enterprise Services for

approval and payment.