hb1409_LC_34_2627_a_2.html
10 LC 34 2627
House Bill 1409
By: Representatives Mills of the 25th, Ehrhart of the 36th, Houston of the 170th, and Lunsford of the 110th

A BILL TO BE ENTITLED
AN ACT


To amend Code Section 49-4-142 of the Official Code of Georgia Annotated, relating to the Department of Community Health and administration of the state plan for medical assistance, so as to provide for a short title; to provide that any formula used to determine the amount of the state portion of Medicaid reimbursement to nonprofit hospitals shall take into account the amount the nonprofit hospital has on deposit in state banks; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.
This Act shall be known and may be cited as the "Georgia Economy Investment Act."

SECTION 2.
Code Section 49-4-142 of the Official Code of Georgia Annotated, relating to the Department of Community Health and administration of the state plan for medical assistance, is amended by adding a new subsection to read as follows:
"(a.1) Any rule or regulation promulgated by the department that is used to determine the state portion of reimbursement for Medicaid services provided by a nonprofit hospital shall include in the formula a sliding scale based on the funds the nonprofit hospital has on deposit in banks in this state. The scale shall reimburse nonprofit hospitals with greater sums on deposit in state banks with a higher percentage payment than given to nonprofit hospitals with lesser sums on deposit in state banks. The department shall establish reasonable procedures for notice to interested parties and an opportunity to be heard prior to the adoption, amendment, or repeal of a rule or regulation adopted pursuant to the authority of this subsection."

SECTION 3.
This Act shall become effective upon its approval by the Governor or upon its becoming law without such approval.

SECTION 4.
All laws and parts of laws in conflict with this Act are repealed.