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Committee backs bill to preserve hospital funding mechanism that unlocks federal match
Summary
The committee gave a due pass to Senate Bill 101, which would repeal the scheduled sunset of the Healthcare Delivery and Access Act so hospitals can continue paying into a state program that generates federal matching dollars used for workforce, infrastructure and other services.
Senate Bill 101 would eliminate the scheduled repeal of New Mexico’s Healthcare Delivery and Access Act so the state can continue a tax-collection mechanism hospitals use to generate federal matching dollars. Sponsor remarks and agency testimony emphasized the program’s scale and role: the Health Care Authority estimated the program has generated about $1.3 billion (mostly federal match) and that eliminating the program in 2030 would cause…
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