AR SB131

Repeals Arkansas Code § 26-57-610(b)(4) as obsolete, which previously directed disposition of insurance premium tax collections above forecasted levels to the Arkansas Medicaid Program Trust Fund

Eliminates provisions requiring excess insurance premium tax revenue to fund hospital inpatient per diem reimbursement increases (capped at $850 daily rate) and private duty nursing rate increases for registered nurses and licensed practical nurses

Removes specific fund allocations that were designated for FY 2006-2007: $6,500,000 for hospital capitated daily rates and $200,000 for nursing rate increases

Preserves the full force and effect of all acts passed during the 90th General Assembly regular session, with those acts taking precedence if they conflict with this bill

Approved April 6, 2015