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Section 7-41-5 - Exemption — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 7-41-5 - Exemption

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A health care facility with more than ninety thousand annual medicaid-financed bed days may claim an exemption in an amount equal to sixty-five percent of the health care quality surcharge due in a reporting period. The percentage and annual medicaid-financed bed days threshold may be modified by rule promulgated by the human services department [health care authority department], if necessary, for approval of the surcharge program by the federal centers for medicare and medicaid services. History: Laws 2019, ch. 53, § 5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2023, ch. 205, § 16 provided that references to the human services department shall be deemed to be references to the health care authority department. Repeals. — Laws 2022, ch. 37, § 1, effective May 18, 2022, repealed Laws 2019, ch. 53, § 12 that would have repealed 7-41-5 NMSA 1978 effective January 1, 2023.Effective dates. — Laws 2019, ch. 53, § 13 made Laws 2019, ch. 53 effective July 1, 2019.