(A) There is hereby created in the state treasury the nursing home franchise permit fee fund. All payments and penalties paid by nursing homes and hospitals under sections 3721.53, 3721.531, and 3721.54 of the Revised Code shall be deposited into the fund. The fund shall also consist of money deposited into it pursuant to sections 3769.08 and 3769.26 of the Revised Code. Subject to division (B) of section 3769.08 of the Revised Code, the department of job and family services shall use the money in the fund to make medicaid payments to providers of nursing facility services and providers of home and community-based services. Money in the fund may also be used for the residential state supplement program established under section 5119.69 of the Revised Code.
(B) Any money remaining in the nursing home franchise permit fee fund after payments specified in division (A) of this section are made shall be retained in the fund. Any interest or other investment proceeds earned on money in the fund shall be credited to the fund and used to make medicaid payments in accordance with division (A) of this section.
Renumbered by 129th General AssemblyFile No.28,HB 153, §101.01, eff. 7/1/2011.
Prior History: (Repealed by 129th General AssemblyFile No.28,HB 153, §105.01, eff. 7/1/2011.)
(Amended by 128th General AssemblyFile 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 )