- 1. There is hereby created in the State General Fund the Statewide Health Care Access and Recruitment Program Account. The Authority shall administer the Account.
- 2. Any interest earned on money in the Account, after deducting any applicable charges, must be credited to the Account. Money that remains in the Account at the end of a fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.
- 3. Except as otherwise provided in subsection 4, money in the Account must be used to carry out the provisions of NRS 439A.350 to 439A.398, inclusive. The Authority may use not more than 3.5 percent of the money in the Account to pay the administrative costs necessary to carry out those provisions.
- 4. With the approval of the Interim Finance Committee, the Director of the Authority may transfer money from the Account to another account for the purpose of obtaining additional federal financial participation under Medicaid.
- 5. The Authority may accept gifts, grants and donations to carry out the provisions of NRS 439A.350 to 439A.398, inclusive. The Director of the Authority shall deposit such gifts, grants and donations into the Account.
(Added to NRS by 2025, 36th Special Session, 164)