Using Medicaid enrollment savings to fund STEM education in Washington.

The bill creates a supporting science, technology, engineering, and mathematics education account in the state treasury. Net recoveries from premiums paid for concurrent Medicaid enrollees must be deposited into this account. Moneys in the account can only be spent after appropriation and only for STEM education purposes. By December 31, 2031, the state auditor must conduct a performance audit of concurrent Medicaid enrollments in Washington.

Using Medicaid enrollment savings to fund STEM education in Washington.

The bill creates a supporting science, technology, engineering, and mathematics education account in the state treasury. Net recoveries from premiums paid for concurrent Medicaid enrollees must be deposited into this account. Moneys in the account can only be spent after appropriation and only for STEM education purposes. By December 31, 2031, the state auditor must conduct a performance audit of concurrent Medicaid enrollments in Washington.