N.J. Admin. Code § 8:85-5.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 8:85-5.1 - Provider tax reimbursement

(a) Upon receipt, from the Director of the Division of Taxation in the New Jersey Department of the Treasury, or the Director's designee, of the total amount of provider tax monies available for reimbursement to nursing facilities effective July 1 of each year from the Nursing Home Quality of Care Improvement Fund created pursuant to 26:2H-95, plus the appropriate Federal matching funds, the Department shall determine the amount of those monies that are necessary to provide funding of the provider tax pass-through per diems in accordance with 8:85-3.12(a).

(b) The remaining portion of the provider tax monies after determining the portion that shall be reimbursed to NFs as the provider tax pass-through per diems as described in (a) above shall be included in the amount of total funding available to nursing facilities in accordance with 8:85-3.13(c)1.