Ill STAT. 608 PUBLIC LAW 105-33 —AUG. 5, 1997 (i) by striking "the fiscal year" and inserting "the calendar year for which the most recent data are available"; and (ii) by striking "fiscal year 1995" and inserting "calendar year 1995"; (B) in subclause (II), by striking "fiscal" each place such term appears and inserting "calendar"; and (2) in clause (ii), by striking "fiscal years" and inserting "calendar years". (d) CORRECTION OF HEADING. —Section 403(a)(3)(C)(ii) (42 U.S.C. 603(a)(3)(C)(ii)) is amended in the heading by striking "1997" and inserting "1998". (e) CLARIFICATION OF CONTINGENCY FUND PROVISION.— Section 403(b) (42 U.S.C. 603(b)) is amended— (1) in paragraph (6), by striking "(5)" and inserting "(4)"; (2) by striking paragraph (4) and redesignating paragraphs (5) and (6) as paragraphs (4) and (5), respectively; and (3) by inserting after paragraph (5) the following: "(6) ANNUAL RECONCILIATION. — " (A) IN GENERAL. —Notwithstanding paragraph (3), if the Secretary makes a payment to a State under this subsection in a fiscal year, then the State shall remit to the Secretary, within 1 year after the end of the first subsequent period of 3 consecutive months for which the State is not a needy State, an amount equal to the amount (if any) by which— "(i) the total amount paid to the State under paragraph (3) of this subsection in the fiscal year; exceeds "(ii) the product of— "(I) the Federal medical assistance percentage for the State (as defined in section 1905(b), as such section was in effect on September 30, 1995); "(II) the State's reimbursable expenditures for the fiscal year; and "(III) Vi2 times the number of months during the fiscal year for which the Secretary made a payment to the State under such paragraph (3). "(B) DEFINITIONS.—As used in subparagraph (A): "(i) REIMBURSABLE EXPENDITURES. —The term 'reimbursable expenditures' means, with respect to a State and a fiscal year, the amount (if any) by which— "(I) countable State expenditures for the fiscal year; exceeds "(II) historic State expenditures (as defined in section 409(a)(7)(B)(iii)), excluding any amount expended by the State for child care under subsection (g) or (i) of section 402 (as in effect during fiscal year 1994) for fiscal year 1994. "(ii) COUNTABLE STATE EXPENDITURES. —The term 'countable expenditures' means, with respect to a State and a fiscal year— "(I) the qualified State expenditures (as defined in section 409(a)(7)(B)(i) (other than the expenditures described in subclause (I)(bb) of such section)) under the State program funded under this part for the fiscal year; plus
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