Section 28-6-31 - Payments to be remitted to department for credit to health care trust fund. - South Dakota Statutes

28-6-31. Payments to be remitted to department for credit to health care trust fund. Each publicly owned and operated nursing facility participating under the provisions of §§ 28-6-28 to 28-6-36, inclusive, immediately upon receiving a payment under § 28-6-30, shall remit the amount of that payment, less a transaction fee, to the department for credit to:
(1) The health care trust fund as provided in S.D. Const., Art. XII, § 5 in an amount equal to the applicable federal medical assistance percentage times the total remittance to the department, less the transaction fee; and
(2) The department's other funds for all remaining amounts.

Source: SL 2000, ch 132, § 4; SL 2001, ch 152, § 1.