SB 5812 - DIGEST

Creates the nursing facility medicaid program trust account in the custody of the state treasurer. All funds collected from the tax in RCW 82.71.020 shall be deposited into this account.

Provides that expenditures from this account shall be used exclusively to increase medicaid reimbursement rates to the nursing care facilities paid as of December 31, 2004.

Declares that funds may not be used to replace existing state expenditures paid to nursing care facilities for providing services pursuant to the medicaid program.

Requires the fee collected under RCW 82.71.020 to be deposited in the nursing facility medicaid program trust account created in this act.