FINANCE-FISCAL YEAR LIMITS

Amends the State Finance Act. Provides that, for certain medical payments, outstanding liabilities as of June 30, payable from appropriations that have otherwise expired, may be paid out of the expiring appropriations during the 4-month period ending at the close of business on October 31. Provides that, beginning on July 1, 2010, all outstanding liabilities for those medical payments incurred during a previous fiscal year, not payable during the 4-month lapse period, are limited to an aggregate amount of payments totaling no more than $800,000,000 for claims that were incurred and the claim therefor received in the previous fiscal year. Provides that, beginning on July 1, 2011, all outstanding liabilities for those medical payments incurred during a previous year, not payable during the 4-month lapse period, are limited to an aggregate amount of payments totaling no more than $400,000,000 for claims that were incurred and the claim therefor received in the previous fiscal year. Provides that, beginning on July 1, 2012, all outstanding liabilities for those medical payments, not payable during the 4-month lapse period, that are made from appropriations for that purpose for any fiscal year, without regard to the fact that the medical care services being compensated for by those payments may have been rendered in a prior fiscal year, are limited to only those claims that have been incurred but the claim therefor not received. Effective July 1, 2010.