Bill > S5015

This bill modifies how a "uniform gross receipts assessment" is charged to ambulatory care facilities, which are licensed facilities providing outpatient medical services like surgery, imaging, and rehabilitation. Specifically, it introduces a new provision, effective from the third quarter of Fiscal Year 2026, that caps the annual assessment for these facilities at $2,000,000, regardless of their gross receipts, and this change is contingent on receiving necessary federal approvals from the Centers for Medicare and Medicaid Services (CMS) for any required Medicaid plan amendments or waivers. The bill also clarifies that the Commissioner of Human Services must apply for these federal approvals before implementing the new assessment cap.

Budget and Finance

https://www.njleg.state.nj.us/bill-search/2024/S5015