Bill > A3601

This bill revises the assessment that nursing homes in New Jersey must pay, ensuring it aligns with federal law. Previously, the total assessment collected from all nursing homes was capped at six percent of their combined annual revenue, as outlined in federal regulations (specifically 42 C.F.R. s.433.68(f)(3)(i)). This bill amends the law to state that the assessment will be either six percent of the aggregate annual revenue or the maximum percentage allowed by federal law, whichever is lower, making the assessment flexible to comply with federal requirements. The assessment is paid to the Director of the Division of Taxation and is collected under the "State Tax Uniform Procedure Law." Importantly, the bill clarifies that the assessment will not be collected, nor will any increases in Medicaid funding be distributed, until both the provider assessment and the plan for distributing the collected funds receive approval from the federal government.

https://www.njleg.state.nj.us/bill-search/2026/A3601