SENATE BILL 460

52nd legislature - STATE OF NEW MEXICO - first session, 2015

INTRODUCED BY

Howie C. Morales

AN ACT

MAKING AN APPROPRIATION TO THE DEPARTMENT OF HEALTH FOR RATE INCREASES TO FAMILY INFANT TODDLER PROVIDERS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. APPROPRIATION.--

          A. Eight million two hundred thousand dollars ($8,200,000) is appropriated from the general fund to the department of health for expenditure in fiscal year 2016 as follows:

                (1) one million five hundred thousand dollars ($1,500,000) to fund provider rate increases recommended in the 2003 cost study on family infant toddler services; and

                (2) six million seven hundred thousand dollars ($6,700,000) to fund additional rate increases to cover the increased cost of providing family infant toddler services as a result of regulatory requirements implemented since the 2003 cost study.

          B. Any unexpended or unencumbered balance remaining at the end of fiscal year 2016 shall revert to the general fund.

- 2 -