Illinois Compiled Statutes 305 ILCS 5/5B-8 – Long-Term Care Provider Fund
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(a) There is created in the State Treasury the Long-Term Care Provider Fund. Interest earned by the Fund shall be credited to the Fund. The Fund shall not be used to replace any moneys appropriated to the Medicaid program by the General Assembly.
(b) The Fund is created for the purpose of receiving and disbursing moneys in accordance with this Article. Disbursements from the Fund shall be made only as follows:
(1) For payments to nursing facilities, including
(b) The Fund is created for the purpose of receiving and disbursing moneys in accordance with this Article. Disbursements from the Fund shall be made only as follows:
Terms Used In Illinois Compiled Statutes 305 ILCS 5/5B-8
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fund: means the Long-Term Care Provider Fund. See Illinois Compiled Statutes 305 ILCS 5/5B-1
- Long-term care provider: means (i) a person licensed by the Department of Public Health to operate and maintain a skilled nursing or intermediate long-term care facility or (ii) a hospital provider that provides skilled or intermediate long-term care services within the meaning of Title XVIII or XIX of the Social Security Act. See Illinois Compiled Statutes 305 ILCS 5/5B-1
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(1) For payments to nursing facilities, including
county nursing facilities but excluding State-operated facilities, under Title XIX of the Social Security Act and Article V of this Code.
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(1.5) For payments to managed care organizations as
defined in Section 5-30.1 of this Code.
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(2) For the reimbursement of moneys collected by the
Illinois Department through error or mistake.
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(3) For payment of administrative expenses incurred
by the Illinois Department or its agent in performing the activities authorized by this Article.
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(3.5) For reimbursement of expenses incurred by
long-term care facilities, and payment of administrative expenses incurred by the Department of Public Health, in relation to the conduct and analysis of background checks for identified offenders under the Nursing Home Care Act.
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(4) For payments of any amounts that are reimbursable
to the federal government for payments from this Fund that are required to be paid by State warrant.
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(5) For making transfers to the General Obligation
Bond Retirement and Interest Fund, as those transfers are authorized in the proceedings authorizing debt under the Short Term Borrowing Act, but transfers made under this paragraph (5) shall not exceed the principal amount of debt issued in anticipation of the receipt by the State of moneys to be deposited into the Fund.
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(6) For making transfers, at the direction of the
Director of the Governor’s Office of Management and Budget during each fiscal year beginning on or after July 1, 2011, to other State funds in an annual amount of $20,000,000 of the tax collected pursuant to this Article for the purpose of enforcement of nursing home standards, support of the ombudsman program, and efforts to expand home and community-based services. No transfer under this paragraph shall occur until (i) the payment methodologies created by Public Act 96-1530 under Section 5-5.4 of this Code have been approved by the Centers for Medicare and Medicaid Services of the U.S. Department of Health and Human Services and (ii) the assessment imposed by Section 5B-2 of this Code is determined to be a permissible tax under Title XIX of the Social Security Act.
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Disbursements from the Fund, other than transfers made pursuant to paragraphs (5) and (6) of this subsection, shall be by warrants drawn by the State Comptroller upon receipt of vouchers duly executed and certified by the Illinois Department.
(c) The Fund shall consist of the following:
(1) All moneys collected or received by the Illinois
(c) The Fund shall consist of the following:
(1) All moneys collected or received by the Illinois
Department from the long-term care provider assessment imposed by this Article.
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(2) All federal matching funds received by the
Illinois Department as a result of expenditures made from the Fund.
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(3) Any interest or penalty levied in conjunction
with the administration of this Article.
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(4) (Blank).
(5) All other monies received for the Fund from any
(5) All other monies received for the Fund from any
other source, including interest earned thereon.
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