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NJ S4635
Bill
Status
6/23/2025
Primary Sponsor
Joseph Vitale
Click for details
AI Summary
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Amends the nursing home assessment law (N.J.S.A.26:2H-96) to allow the aggregate assessment rate to exceed the current 6% cap if federal law permits a higher maximum percentage
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Nursing homes currently pay assessments to the Division of Taxation based on patient days (excluding Medicare), with the combined total capped at 6% of aggregate annual revenues
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The bill specifies that the assessment rate will be either 6% or the maximum percentage permissible under federal law, whichever applies under 42 C.F.R. s.433.68(f)(3)(i)
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Assessment revenues are deposited into a fund for distribution through Medicaid, contingent on federal government approval of both the provider assessment and distribution plan
Legislative Description
Revises assessment imposed on nursing homes if permissible under federal law.
Budget and Appropriations
Last Action
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
6/23/2025