The bill introduces the establishment of a task force to study the Medicaid reimbursement of nursing home services. The task force's objectives include considering whether nursing homes should be required to spend a minimum percentage of Medicaid funding or total revenue on direct resident care and examining the potential expansion of transparency requirements related to how nursing homes use their revenue and prioritize resident care. The task force will consist of members appointed by various legislative leaders and the Commissioner of Social Services or their designee. The bill specifies the composition of the task force, the appointment process, and the selection of chairpersons. It also outlines the administrative support for the task force and sets a deadline for the task force to submit a report on its findings and recommendations by January 1, 2025, after which the task force will terminate.

The bill, identified as Substitute Senate Bill No. 156 with File No. 112, includes insertions that detail the establishment of the task force, its membership, and its reporting requirements. The bill does not anticipate any fiscal impact on the state or municipalities, as the task force members are expected to have expertise in the subject area, and the administrative staff of the Aging Committee will serve as the task force's administrative staff. The bill has been reported favorably by the Committee on Aging and is set to take effect upon passage, amending a new section of the law. The title of the bill was changed for accuracy, and the bill analysis indicates that the Aging Committee voted in favor of the substitute bill.