Nev. Rev. Stat. § 231.NEW

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 231.NEW - [Newly enacted section not yet numbered] [Financial operating plan for the qualified project]
1. The financial operating plan for the qualified project prepared in accordance with paragraph (c) of subsection 4 of section 10 of this act must provide for the annual operations and maintenance of the facility as well as the ongoing capital needs of the facility.
2. To pay the operating costs of a facility within a qualified project, the State Controller shall, on July 1 of each fiscal year, transfer from the Homelessness Support Services Matching Account created by section 16 of this act an amount of money equal to the amount of money to be provided for that fiscal year by any participating municipalities pursuant to paragraph (b) of subsection (2) of section 14 of this act, but such amount transferred by the State Controller must not exceed $15,000,000 per fiscal year, as adjusted pursuant to subsection 5.
3. In addition to any support provided pursuant to subsection 2, the Department of Health and Human Services may administratively create any necessary provider codes to maximize Medicaid billing for the services provided by the qualified project.
4. Nothing contained in sections 2 to 15, inclusive, of this act shall be deemed to limit the ability of any participant in a qualified project from accessing programmatic funding for services provided by the qualified project that would otherwise be available from a government, private sector or nonprofit source.
5. The monetary amount specified in subsection 2 shall be adjusted for each fiscal year by adding to the amount the product of the amount multiplied by the percentage increase in the consumer price inflation index between the calendar year ending on December 31, 2023, and the calendar year immediately preceding the fiscal year for which the adjustment is made.
6. For the purposes of this section, "consumer price inflation index" means the Consumer Price Index for All Urban Consumers, West Region (All Items), as published by the United States Department of Labor or, if that index ceases to be published by the United States Department of Labor, the published index selected by the Department of Taxation pursuant to subsection 11 of NRS 361.091.

NRS 231.NEW

Added by 2023, Ch. 501,§15, eff. 6/15/2023.