HLS 201ES-17 ORIGINAL
2020 First Extraordinary Session
HOUSE CONCURRENT RESOL UTION NO. 3
BY REPRESENTATIVE MARCELLE
FUNDS/FUNDING: Provides relative to the Medicaid Trust Fund for the Elderly (Item
#13)
1 A CONCURRENT RESOL UTION
2To make the principal amount in the Medicaid Trust Fund for the Elderly available for
3 appropriation for Fiscal Year 2020-2021.
4 WHEREAS, the Medicaid Trust Fund for the Elderly was established in the 2000
5First Extraordinary Session of the Legislature as a permanent trust fund in the state treasury,
6with spending of the principal of the fund limited to specific purposes, including the re-
7basing of nursing homes in accordance with the approved state Medicaid plan; and
8 WHEREAS, R.S. 46:2691(B) provides that after July 1, 2014, the principal in the
9fund from proceeds received by the state associated with the Deepwater Horizon oil spill or
10any other source shall not be subject to appropriation unless authorized by a joint resolution
11approved by two-thirds of the elected members of each house of the legislature; and
12 WHEREAS, R.S. 39:91 requires that, for Fiscal Year 2019-2020, forty-five percent
13of economic damages proceeds from the Deepwater Horizon oil spill be deposited into the
14Medicaid Trust Fund for the Elderly; and
15 WHEREAS, R.S. 46:2742(B)(11) provides that re-basing of nursing home rates shall
16occur, at a minimum, biennially.
17 THEREFORE, BE IT RESOLVED that pursuant to R.S. 46:2691(B), the Legislature
18of Louisiana does hereby consent to make the principal amount of the Medicaid Trust Fund
19for the Elderly available for appropriation for Fiscal Year 2020-2021 for the purpose of re-
20basing nursing home rates.
Page 1 of 2 HLS 201ES-17 ORIGINAL
HCR NO. 3
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HCR 3 Original 2020 First Extraordinary Session Marcelle
Provides legislative consent to make the principal amount of the Medicaid Trust Fund for
the Elderly available for appropriation for FY 2020-2021 for the purpose of re-basing
nursing home rates.
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