5724-S.E AMH .... H2730.1

ESSB 5724 - H AMD  000750 ADOPTED 5-6-93

By Representatives G. Fisher and Ballard

    On page 33, after line 9, insert the following:

    "NEW SECTION. Sec. 20.  The department of social and health services shall provide a prospective rate enhancement for nursing homes meeting all of the following conditions:  (1) The nursing home entered into an arms-length agreement for a facility lease prior to January 1, 1980; (2) the lessee purchased the leased facility after January 1, 1980; (3) the lessor defaulted on its loan or mortgage for the assets of the facility; (4) the facility is located in a county with a 1989 population of less than 45,000 and an area more than 5,000 square miles.  The rate enhancement increase shall be effective July 1, 1993.  To the extent possible, the increase shall recognize the 1982 fair market value of the nursing home's assets as determined by an appraisal contracted by the department of general administration.  If necessary, the increase shall be granted from state funds only.  In no case shall the annual value of the rate increase exceed $50,000.  The rate adjustment in this section shall not be implemented if it jeopardizes federal matching funds for qualifying facilities or the long-term care program in general.  Funds may be disbursed on a monthly basis."

    Renumber the remaining section consecutively and correct internal references accordingly.

ESSB 5724 - H AMD

By Representative

    On page 1, beginning on line 5 of the title, after "creating" strike "a new section" and insert "new sections"

                            --- END ---