Read twice and referred to the Committee on Finance.
Summary
The bill adds a mandatory Medicaid benefit that pays for qualified services provided in assisted‑living residences, as long as the resident meets state income and resource rules and the cost is no higher than comparable institutional care. It also changes the low‑income housing tax credit to favor projects that lower long‑term medical costs by offering non‑institutional care for seniors. The changes take effect on Jan. 1, 2027, with a possible delay for states that need new legislation.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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