Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

Nursing Home Penalty Cash Fund

Concerning the nursing home penalty cash fund, and, in connection therewith, making an appropriation.
2019 Regular Session
Health Care & Health Insurance
Bill Summary

Joint Budget Committee. Currently, the department of public health and environment and the department of health care policy and financing may not expend money from the nursing home penalty cash fund for grants benefitting residents of nursing facilities by fostering innovation and improving quality of life and care at the facilities (grants) if the expenditures would cause the fund balance to fall below $1 million. The bill repeals this reserve and instead requires the medical services board to establish a minimum reserve that will have the same limit on expenditures for grants. The annual cap on expenditures for grants, which is $250,000 or possibly a lesser amount depending on whether the fund balance exceeds $2 million, is also repealed.

The sunset review of the use of grants and the related nursing home innovations grant board is also repealed.

(Note: This summary applies to this bill as introduced.)




Bill Text

  • All Versions (6 )
    Date Bill Type Documents
    05/17/2019 Final Act PDF
    04/30/2019 Rerevised PDF
    04/29/2019 Revised PDF
    04/25/2019 Reengrossed PDF
    04/24/2019 Engrossed PDF
    04/17/2019 Introduced PDF