Individual Insurance Market Affordability and Stability Fund.

# (a)

There is established as a special fund the Individual Insurance Market Affordability and Stability Fund ("Fund"), which shall be administered by the Mayor in accordance with subsection (c) of this section.

# (b)

Revenue from the District shared responsibility payments collected pursuant to § 47-5103 shall be deposited into the Fund.

# (c)

Money in the Fund shall be used to:

# (1)

Engage in outreach to uninsured District residents to increase health insurance coverage;

# (2)

Provide information to District residents on options for health insurance coverage; and

# (3)

Engage in activities that increase the availability of health insurance options or increase the affordability of insurance premiums in the individual health insurance market, for District residents.

# (d)

# (1)

The money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

# (2)

Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.