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Bill > SB249


NM SB249

NM SB249
Health Care Provider Gross Receipts


summary

Introduced
02/03/2025
In Committee
03/12/2025
Crossed Over
03/04/2025
Passed
03/19/2025
Dead
Signed/Enacted/Adopted
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT RELATING TO HEALTH CARE; REQUIRING HEALTH CARE PROVIDERS TO BE REIMBURSED FOR GROSS RECEIPTS TAXES.

AI Summary

This bill requires managed care organizations (MCOs) that contract with health care providers for Medicaid services to reimburse those providers for gross receipts taxes they are required to pay. Specifically, MCOs must include the amount of gross receipts taxes in their reimbursement payments and provide documentation that clearly separates the payment for health care services from the gross receipts tax amount. The bill defines a managed care organization as an entity eligible to enter into risk-based prepaid agreements for providing health care services, and Medicaid as the federal-state health care program administered under specific sections of the Social Security Act. The provisions of this bill will take effect on January 1, 2026, aiming to ensure that health care providers are fully compensated for the taxes they must pay when providing Medicaid services through managed care organizations.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (2)

Last Action

Signed by Governor - Chapter 121 - Apr. 8 (on 04/08/2025)

bill text


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