A New York bill on Medicaid payment, signed into law. Last moved August 28, 2026.
Official title Increases the authorization of the Dormitory Authority of the State of New York ("DASNY"), as successor to the New York State Medical Care Facilities Finance Agency ("MCFFA") pursuant to the Health Care Financing Consolidation Act of 1995, to issue hospital and nursing home project bonds and notes from $20 billion to $21.8 billion.
What this affects
- Who pays, or is paid
- The state's Medicaid program pays. Every Medicaid-certified nursing facility in New York is paid off this schedule.
- Which buildings
- 594 facilities holding 111,493 licensed beds in New York.
- The dollars, or the rule
- DASNY hospital/nursing home bond cap raised from $20B to $21.8B
- Effective
- We cannot tell yet from the text. No effective date is stated yet.
- Status
- Signed into law, as of August 28, 2026.
Rate changes reach every Medicaid bed in the state, and a thin-margin operator feels them within a quarter.
Latest action, August 28, 2026: signed chap.281
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Legislative data: LegiScan LLC (legiscan.com) · CC BY 4.0
Bill text and status: nysenate.gov · retrieved August 29, 2026