Texas § GV.540.0102 - PROFIT SHARING
Full text of Texas The Texas Constitution § GV.540.0102 — PROFIT SHARING, with citation guidance and answers to common questions.
§ GV.540.0102. PROFIT SHARING
PROFIT SHARING. (a) The executive commissioner shall adopt rules regarding the sharing of profits earned by a Medicaid managed care organization through a Medicaid managed care plan. (b) Except as provided by Subsection (c), any amount this state receives under this section shall be deposited in the general revenue fund. (c) If cost-effective, the commission may use amounts this state receives under this section to provide incentives to specific Medicaid managed care organizations to promote quality of care, encourage payment reform, reward local service delivery reform, increase efficiency, and reduce inappropriate or preventable service utilization. Added by Acts 2023, 88th Leg., R.S., Ch. 769 (H.B. 4611 ), Sec. 1.01, eff. April 1, 2025.
Frequently Asked Questions About Texas § GV.540.0102
What does The Texas Constitution § GV.540.0102 cover?
Section GV.540.0102 ("PROFIT SHARING") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.540.0102?
A common citation format is "The Texas Constitution § GV.540.0102" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.540.0102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.