House Bill No. by Representative Turner proposes the establishment of the "Medicaid Trust Fund for Addiction Recovery" within the Louisiana Revised Statutes. This new chapter, R.S. 46:2693, outlines the creation of a permanent trust fund in the state treasury, which will receive funds from various sources, including intergovernmental transfers. The bill stipulates that the funds can be used for state matching funds for Medicaid to enhance payments to addiction recovery providers, defined as licensed healthcare providers offering specific addiction treatment services. Additionally, the bill allows for the investment of these funds, with interest earned being credited back to the trust fund.

The legislation also introduces provisions for the imposition of fees on addiction recovery providers, which can be utilized for federal funding matching requirements. These fees will be considered allowable costs for insurance reimbursements and will be deposited into the Medicaid Trust Fund for Addiction Recovery after fulfilling obligations to the Bond Security and Redemption Fund. The Louisiana Department of Health is tasked with adopting rules for the administration of these fees, and the governor may designate an agency to oversee their collection. The act will take effect upon the governor's signature or after the designated period for bills to become law without a signature.