This bill amends the existing law regarding the assessment imposed on nursing homes in New Jersey, specifically under N.J.S.A.26:2H-96. The revised language stipulates that each nursing home shall pay an assessment that, when combined with the total assessments from all nursing homes, will either be six percent or the maximum percentage allowed under federal law of the aggregate annual revenues received by all nursing homes, as outlined in 42 C.F.R. s.433.68(f)(3)(i). The assessment is to be paid to the Director of the Division of Taxation in the Department of the Treasury, and the director, in consultation with the commissioner, will establish procedures for collecting and recording this assessment.

Additionally, the bill clarifies that the assessment will not include revenues from Medicare patient days and that nursing homes are required to submit reports to the director to facilitate the assessment calculation. The assessment will only be payable after both the provider assessment and the distribution plan are approved by the federal government, and prior notice of the due date will not be issued until certain payments have been made. The bill is set to take effect immediately upon enactment.

Statutes affected:
Introduced: 26:2H-96