Section 30:4D-19.2 - Findings, declarations relative to intergovernmental transfer program under MedicaidThe Legislature finds and declares that:
a. Federal law permits states to enhance existing federal financial participation under the Medicaid program through the use of intergovernmental transfers;b. Participation in an intergovernmental transfer program by the State and certain governmental entities will enhance the health and welfare of the citizens of New Jersey by providing additional funds for health-related services; andc. In order to secure the additional federal funds under the Medicaid program, it is the intent of this act to authorize and implement an intergovernmental transfer program.