Assisted living assistance through Medicaid and low-income housing tax credit.
Federal HB8662 amends the Social Security Act to cover services in an assisted living residence under Medicaid. It also amends the Internal Revenue Code to include assisted living residences as a qualified allocation plan under the low-income housing tax credit. The changes take effect on January 1, 2027, unless state legislation is required.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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