New Mexico 2025 Regular Session

New Mexico Senate Bill SB97 Latest Draft

Bill / Introduced Version Filed 01/23/2025

                            underscored material = new
[bracketed material] = delete
1  
2  
3  
4  
5  
6  
7  
8  
9  
10  
11  
12  
13  
14  
15  
16  
17  
18  
19  
20  
21  
22  
23  
24  
25  
SENATE BILL 97
57
TH LEGISLATURE 
-
 
STATE
 
OF
 
NEW
 
MEXICO
 
-
 FIRST SESSION
,
 
2025
INTRODUCED BY
Pat Woods
AN ACT
MAKING AN APPROPRIATION TO THE HEALTH CARE AUTHORITY TO
INCREASE THE MEDICAID REIMBURSEMENT RATES FOR NURSING HOMES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Nineteen million seven hundred
thousand dollars ($19,700,000) is appropriated from the general
fund to the health care authority for expenditure in fiscal
year 2026 to increase the medicaid reimbursement rates for
nursing homes.  Any unexpended or unencumbered balance
remaining at the end of fiscal year 2026 shall revert to the
general fund.
.229698.1