MN SF4548

Amends Minnesota Statutes 2022, section 256R.53 to add an exception for a nursing facility located in Minnetonka and licensed for 21 beds as of February 1, 2024.

Directs the commissioner to use funding from the moratorium exceptions process under section 144A.073 to calculate the facility's property rate beginning July 1, 2024.

Sets the final building valuation for property payment rate purposes as the greater of either the limited depreciated replacement cost (following a physical building appraisal) or 105 percent of the estimated total building valuation from the moratorium application.