HB484 Summary

• Levies a 5 percent privilege assessment on gross annual receipts of all Program for All Inclusive Care for the Elderly (PACE) providers operating in Alabama.

• Assessment is due by the 20th day of the month following the month it accrues and must be paid to the Department of Revenue, then deposited into the Alabama Health Care Trust Fund for Medicaid Agency use.

• PACE providers failing to pay within the required timeframe face a 10 percent penalty plus interest at rates prescribed by Section 40-1-44, Code of Alabama 1975, with possible withholding from Medicaid reimbursements.

• Requires PACE providers to maintain books and records for at least 3 years for examination by the Department of Revenue; all information obtained remains confidential except when shared with the Medicaid Agency.

• Becomes effective October 1, 2013, but has no effect if federal financial participation under Title XIX of the Social Security Act is unavailable to the Medicaid program for these purposes.