3721.56 Home and community-based services for aged fund - nursing facility stabilization fund.
3721.56 Home and community-based services for aged fund - nursing facility stabilization fund.
(A) There is hereby created in the state treasury the home-and community-based services for the aged fund. The percentage specified under division (B) of this section of all payments and penalties paid by nursing homes and hospitals under sections 3721.53 and 3721.54 of the Revised Code shall be deposited into the fund. The departments of job and family services and aging shall use the moneys in the fund to fund the following in accordance with rules adopted under section 3721.58 of the Revised Code:
(1) The medicaid program established under Chapter 5111. of the Revised Code, including the PASSPORT program established under section 173.40 of the Revised Code;
(2) The residential state supplement program established under section 173.35 of the Revised Code.
(B) The percentage specified in this division is the percentage determined by dividing one by the following:
(1) Except as provided in division (B)(2) of this section, the franchise permit fee rate;
(2)If the department of job and family services recalculates the amount of the assessments for a fiscal year under division (C) of section 3721.51 of the Revised Code, the amount of the per bed per day rate so recalculated for that fiscal year.
Amended by 128th General Assembly File No. 9, HB 1, § 101.01, eff. 7/1/2009, op. 7/17/2009.
Effective Date: 06-05-2002; 07-01-2005; 2007 HB119 06-30-2007