To provide assisted living assistance through Medicaid and low-income housing tax credit.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill aims to expand access to assisted living services for low-income seniors and individuals who need help with daily living activities by integrating these services into Medicaid and the Low-Income Housing Tax Credit programs. Specifically, it modifies Medicaid regulations to cover services provided in assisted living residences, aligning costs with those of traditional hospital or nursing facility care when appropriate. It also adjusts the Low-Income Housing Tax Credit to prioritize projects that reduce long-term care costs by offering assistance in non-institutional settings.
Key provisions
- Expands Medicaid coverage to include services provided in assisted living residences.
- Establishes cost-sharing guidelines for Medicaid reimbursement in assisted living facilities, aiming to match hospital/nursing facility costs.
- Modifies the Low-Income Housing Tax Credit to incentivize projects that reduce long-term care costs.
- Defines eligibility criteria for assisted living services under Medicaid based on income and resource requirements.
- Sets an effective date of January 1, 2027, with a delay provision for states needing legislative changes.
- Allows for the inclusion of projects that reduce medical assistance costs for long-term services and supports.
- Revises the selection criteria for qualified allocation plans under the Low-Income Housing Tax Credit.
Who is affected
- Seniors
- Individuals needing assistance with daily living
Bill text
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Sponsors
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