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The guidelines for calculating the FMAP are outlined in the Social Security Act and they exclusively determine the ratio of matching funds for each state's Medicaid program. Section 2105(b)of the Act stipulate that "Enhanced Federal Medical Assistance Percentages," or Enhanced FMAPs, will be calculated at the same time as the FMAPs.
Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good . The terms cost sharing , in-kind, and matching can be used interchangeably but refer to different types of donations.
The federal government will match up to $250 of an individual's total contributions to an eligible candidate. Only candidates seeking nomination by a political party to the office of president are eligible to receive primary matching funds. In addition, a candidate must establish eligibility by submitting to the
The Law also amended the Social Security Act (Title IV, part D), authorizing Federal matching funds for enforcement purposes—locating nonresident parents, establishing paternity, establishing child support awards, and collecting child support payments. [2] OCSS was established with the Federal Government’s enactment of CSE of 1975.
The federal government will start matching 50% of retirement account contributions up to $2,000 per year through the new Saver’s Match program. This money injects funds directly into savers ...
Funds are only released as matching funds are produced (information below). The following is an example of the grant-giving process to a nonprofit. An organization that receives a $20,000 grant from AFI, but only has $5,000 of matching funds initially will receive $5,000 from the AFI grant and the rest of the $20,000 as more funds are raised.
As such, the hospitals that were slated to receive DSH funds were asked to contribute the required state share; the state would then use this money to draw down a large federal matching payment. [7] The hospitals would get their contributions back and perhaps a bit more, but the states often kept the lion's share of the federal payment. [7]
Eric Adams’ reelection bid is facing a watershed moment Monday when the city Campaign Finance Board is expected to decide whether to grant the indicted mayor millions in public matching funds ...