Assembly Bill A7426

2025-2026 Legislative Session

Extends the time where certain entities can provide fiscal intermediary services

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-A7426 (ACTIVE) - Details

See Senate Version of this Bill:
S6689
Current Committee:
Assembly Health
Law Section:
Social Services Law
Laws Affected:
Amd §365-f, Soc Serv L

2025-A7426 (ACTIVE) - Summary

Extends the time where certain entities can provide fiscal intermediary services to July 1, 2025.

2025-A7426 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7426
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 26, 2025
                                ___________
 
 Introduced by M. of A. JENSEN -- read once and referred to the Committee
   on Health
 
 AN  ACT  to  amend the social services law, in relation to extending the
   time where certain entities can provide fiscal intermediary services
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Subdivision 4-a-1 of section 365-f of the social services
 law, as added by section 3 of part HH of chapter 57 of the laws of 2024,
 is amended to read as follows:
   4-a-1. FISCAL  INTERMEDIARY  REGISTRATION.  (a)  [Fiscal  intermediary
 registration.]  Except  for  the  statewide  fiscal intermediary and its
 subcontractors, as of [April] JULY first, two thousand  twenty-five,  no
 entity  shall provide, directly or through contract, fiscal intermediary
 services. All subcontractors of the statewide fiscal intermediary, shall
 register with the department within thirty days of being selected  as  a
 subcontractor.
   (b) In selecting its subcontractors, the statewide fiscal intermediary
 shall  consider  demonstrated compliance with all applicable federal and
 state laws and regulations, including but not limited to, marketing  and
 labor  practices,  cost  reporting,  and  electronic  visit verification
 requirements.
   § 2. This act shall take effect immediately and  shall  be  deemed  to
 have been in full force and effect on and after April 1, 2025.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11153-01-5

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